The United States itself still buys nuclear fuel from us for its own nuclear power plants. That is also fuel,” Russian President Vladimir Putin said during his first visit to India in four years.

Torbjörn Törnqvist is selling his stake in Gunvor after renewed scrutiny of the firm’s Russia ties.

The oil cartel aims to stabilize prices in a changing geopolitical environment. Oil producers in the OPEC+ group this weekend confirmed they will hold output levels flat in the first quarter of next year. This comes after the group spent most of this year increasing oil production.

SINGAPORE: At least 10 entities tied to Singapore's maritime industry have been sanctioned by the United States over allegations of links to the Iranian oil trade.

The Maharani Freeport - which consists of three manmade islands off the coast of Muar - is targeting crude carriers plying the Straits of Malacca. But can it lure business from more established ports in the region?

Oil futures reversed course late in the session to end down in low-volume Black Friday trade.

The rupee depreciated 16 paise to 90.11 against the US dollar in early trade on Monday, weighed down by elevated crude oil prices and persistent foreign fund outflows.

Putin's visit to India for the 23rd summit highlighted a new economic cooperation program aiming for $100 billion in trade by 2030. The partnership is set to enhance sectors like defense, energy, and manufacturing while addressing geopolitical challenges.