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India Hits Record Oil Imports as Reliance Caps Russian Supply

U.S. sanctions alongside tariff pressure push refiners toward non‑Russian cargoes.

Chevron, Quantum Prepare $22 Billion Bid for Lukoil’s Overseas Assets

Lukoil Declares Force Majeure at Iraq’s West Qurna-2 After U.S. Sanctions

Sanctions Choke Russia’s Oil Flows as China Cuts Buying and Floating Storage Swells