Latest Oil supply chains News & Updates

Washington, March 9 (IANS) Indian refineries processing Russian crude was a “pragmatic decision” taken to stabilise global energy markets and speed up supplies in Asia, US Energy Secretary Chris Wright said. Speaking on Fox News on Sunday (local time), Wright said the policy does not represent any shift in Washington’s sanctions stance toward Moscow but reflects the realities of oil supply chains in Asia amid geopolitical disruption.”Russia’s oil remains sanctioned. There’s no change in policy t…