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Israel-Iran conflicts thwart proposal to resume crude imports from Iran | Economy & Policy News

Israel-Iran conflicts thwart proposal to resume crude imports from Iran | Economy & Policy News

[ad_1] 3 min read Last Updated : Apr 16 2024 | 7:08 PM IST The latest flashpoint in West Asia has derailed India’s preliminary plans to resume crude oil imports from Iran, officials said. In January, officials of the Ministry of Petroleum and Natural Gas had told Business Standard that the government had … Read more

US Gulf Coast fuel oil imports hit five-year low as domestic supplies soar | World News

Business Standard

[ad_1] Imports of fuel oil bound for the U.S. Gulf Coast fell to a five-year low last month as refiners ran more cheap, heavy Canadian crude and geopolitical tensions in the Middle East pressured fuel oil flows.   Fuel oil deliveries to the Gulf Coast dwindled in February to just 318,000 barrels per … Read more