In these circumstances, I had an earnest discussion with the Minister. I told him that in my view it would be disastrous to ...

As the death toll rises to 175, Israel says UN fuel deliveries have resumed to support critical infrastructure, though aid ...

The trickle of food aid Israel allows to enter Gaza after nearly 22 months of war is seized by Palestinians risking their ...

U.S. President Donald Trump's demand on India to halt Russian oil imports could threaten billions in Russian revenues, prompt ...

New European Union sanctions targeting Russia's oil industry will reshuffle global diesel flows for the second time since 2022, adding pressure to an already red-hot market.

Sanctions targeting oil are often ineffective at changing governmental policy and often impose additional costs on companies and consumers.

The EU will ban fuel imports made from Russian crude in third countries starting in January. The move targets India and Turkey, which supply 15% of Europe’s diesel. Diesel prices are rising due to ...

U.S. diesel stockpiles are sitting at the lowest levels since 1996 for this time of year, turning money managers the most seasonally bullish on the fuel since 2018.

The EU imports sizable volumes of middle distillates from India and Turkey, two countries that have ramped up Russian crude oil imports since Russia's invasion of Ukraine, according to ING.

Oil prices showed little reaction to the EU’s latest sanction package against Russia. However, it could lead to further tightening in the European middle distillates market. Read more here.