Treasury issues 30-day waiver for Russian crude loaded by March 5, allowing deliveries to Indian ports; measure intended to keep oil flowing without directly benefiting Russia
The trajectory of crude oil prices, intraday movement of the rupee, and global equity trends will largely determine whether losses deepen or stabilise as the session progresses, and traders should be ...
The fresh selling arises amid reports of the closure of the Strait of Hormuz, which carries about 20% of the world's crude, as Iran continues to rain missiles and drones across West Asia.
