By: The Trek News Desk India has logged its steepest monthly drop in Russian crude imports to date, marking a significant shift in its energy sourcing pattern. Fresh data from the Ministry of Commerce and Industry shows that in October 2025, India’s crude imports from Russia fell 38% in value and 31% in volume compared…
By: The Trek News Desk A major oil terminal in the Russian port city of Novorossiysk, strategically located on the Black Sea, was temporarily shut down following a Ukrainian strike on Friday. The attack has disrupted approximately 2% of global oil exports, according to Russian officials and industry sources. Sheskharis Oil Terminal Hit, Large Fire…
By: The Trek News Desk U.S. President Donald Trump has granted Hungary a one-year exemption from American sanctions on Russian oil and gas imports, the White House confirmed on Friday. A senior official clarified that the relief is temporary and will remain in effect for a period of 12 months. The decision comes weeks after…
