|
|
|
|
|
|
|
25.03.26 - 18:01
|
In Win For Putin, India Buys 60 Million Barrels Of Russian Oil, As Refiners Increasingly Transact In Yuan, Dirham (ZeroHedge)
|
|
|
In Win For Putin, India Buys 60 Million Barrels Of Russian Oil, As Refiners Increasingly Transact In Yuan, Dirham
Indian refiners have bought about 60 million barrels of Russian oil for delivery next month, which is set to ease some supply concerns as the Middle East war chokes flows.
Citing people familiar, Bloomberg reports that the cargoes were booked at premiums of $5 to $15 a barrel to Brent. The volume is similar to the amount of purchases for this month, but more than double than that for February, according to data intelligence firm Kpler.
The buying spree followed a US waiver that allowed India to take Russian oil that was already loaded onto vessels before March 5 to offset shortages caused by the effective closure of the Strait of Hormuz. The measure was subsequently expanded to include other countries and updated to allow purchases of crude already at sea before March 12.
India has bought ~60 million barrels of Russian oil in March, and already booked a similar amount for deliver...
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
23.03.26 - 16:36
|
Rupee breaches 94 against dollar for first time, closes flat after recovery (Times of India)
|
|
|
The Indian rupee hit an all-time low against the dollar, breaching 94 for the first time amid Middle East tensions, significant foreign fund outflows, and soaring crude oil prices. This sharp decline, extending since the regional conflict began, has put pressure on Asia's third-largest economy, highly reliant on imported energy. The Reserve Bank of India is reportedly offering mild support....
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
