Indian buyers reduced US crude purchases and loaded up on Iranian oil ahead of the restart of US sanctions next month and as the WTI-Brent differential narrowed, according to traders and shipping intelligence firm Kpler. US oil shipments to India fell to 84,000 barrels per day (bpd) last month, down ...
Iranian Foreign Minister Mohammad Javad Zarif has said Tehran is willing to cooperate with Saudi Arabia in order to build a strong Middle East after US President Donald Trump stated the Saudi king wouldn’t stay in power for two weeks without US support. Zarif called Trump’s remarks about the importance ...