#BreakingNews# | Trump waives Russian oil tariffs, easing pressure on India; move aims to stabilise US fuel prices ahead of midterms @sanjaysuri88 shares more details #Trump# #India# #RussianOil# #Tariffs# #USIndia# #Midterms# | @AmanKayamHai_

#BreakingNews# | Trump waives Russian oil sanctions, easing tariff pressure on India ahead of Rubio’s visit @siddhantvm & @sanjaysuri88 share more details Former diplomat @asajjanhar in conversation with CNN-News18 #DonaldTrump# #RussianOil# #IndiaUSRelations# #MarcoRubio# #USIndiaTrade# | @aakaaanksha

Russian ESPO oil price exceeds $120 per barrel Russia's ESPO Blend oil jumped ​above $120 per barrel for the first time since April, boosted by demand ‌from Chinese refiners as the U.S.-Israeli war on Iran disrupts Middle Eastern supplies, three traders said and Reuters calculations showed. US lawmakers on Thursday approved legislation allowing ⁠President Donald Trump to approve tariffs on Russian oil purchases as the US ​seeks to limit Russia's ability to finance the war in Ukraine. The measure could hamper Russian ​oil supplies to India and China, although many traders say it could lead to a further spike in oil prices, potentially boosting Russian earnings from oil. (Reuters)

RUSSIAN OIL PREMIUMS SURGE AS MIDDLE EAST SUPPLY TIGHTENS Russian Urals crude premiums in India jumped to $8/barrel over Brent, up from around $1 in August and the highest since May. Middle East supply disruptions are pushing Indian and Chinese refiners toward Russian barrels, while Novorossiysk exports remain constrained. Market angle: shrinking alternative supplies are dramatically strengthening Russia’s pricing power in Asia.

Russian oil has begun trading at a premium in India for the first time since the end of May as risks for global crude flows increase amid US-Iran escalation and Ukraine’s attacks on Russia’s energy assets

Russian oil tankers and port terminals are being decked out with anti-drone netting and cages to protect against Ukraine's attacks on Moscow's energy infrastructure.