Tag: Middle East oil

Trump Says Iran Negotiating, Warns of 52 Target Retaliation

Amid drone downing crisis, President Trump states Iran is in talks but warns of fast, hard strikes on 52 cultural sites if US assets are hit.

Reliance Industries Cuts Russian Crude Imports by 13% After US Sanctions

Mukesh Ambani's Reliance reduces Russian oil share from 56% to 43% in October amid US sanctions on Rosneft and Lukoil, shifting to Middle East suppliers.