Crude Oil Market Dynamics - Indian refiners are increasing purchases of US crude oil [1] - This increase is a response to Washington's crackdown on India for buying Russian oil [1]

Supply Chain Disruption - Russian crude oil shipments to Hungary may resume after almost a week of halt [1] - The halt was due to Ukraine's attack on Druzhba pipeline network [1]

Trade & Tariffs Impact - US tariffs on Indian goods appear to be impacting Russian crude oil flows to India [1] - Russian crude oil flows to India have decreased by almost 20% since June [1]

Industry Activity - Vitol is preparing to load the first cargo of Syrian crude oil since the lifting of western sanctions [1] Energy Sector Recovery - Syria's energy industry is attempting to recover following the lifting of sanctions [1]

Refiners in India, among the largest buyers of Russian crude, are planning to trim their purchases in the coming weeks, a modest concession to Washington’s hawks less than a day ahead of a hike in US tariffs https://t.co/dRnyIvxUvY ...

India’s state-run refiners have returned to buying Russian oil after a brief pause, despite the South Asian nation facing higher tariffs for the trade and a volley of criticism from Trump officials https://t.co/dxzpGTUHpF ...

US Treasury Secretary Scott Bessent claimed some of the “richest families in India” benefited from the purchase of Russian crude oil, while reiterating plans to boost tariffs on the South Asian nation https://t.co/veDTj9MofF ...

India’s state-owned oil refiners are pulling back from purchases of Russian crude for now, according to people with direct knowledge of the companies’ procurement plans https://t.co/h9RPA4eW7Z ...

Market Trends - Russian crude oil is being offered to Indian buyers at lower prices due to EU sanctions and potential US penalties [1] Supply and Demand - Demand outlook is clouded by EU sanctions and US threats of penalties [1]

A crackdown on Russian crude would have knock-on consequences https://t.co/yEEESUeElW ...