Latest Oil supply chain News & Updates

New Delhi, March 6 (IANS) After a surge of over 15 per cent since last week when the US-Israel and Iran war began, oil prices dropped early on Friday after the US said it would allow a 30-day waiver for Indian refiners to purchase Russian oil stranded at sea.The April contract of the benchmark Brent crude on the Intercontinental Exchange was trading at $84.21 per barrel, down by 1.52 per cent from its previous close. The West Texas Intermediate on the Intercontinental Exchange fell 2.10 per cent…