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India Sends Rare Shipment of Diesel Fuel to China

India has reportedly shipped its first cargo of diesel fuel to China since 2021, with about 496,000 barrels of ultra-low sulfur product setting sail from the port city of Vadinar on July 18 — only a few hours before the European Union announced new restrictions on the Russia-linked company handling the shipment.

An employee turns a hand wheel at the Vadinar Refinery complex operated by Nayare Energy L

Moscow Accuses Ukraine of Bombing Oil Depot in Russia

The Kremlin, Russian state media, and local officials on Friday accused Ukrainian forces of conducting a helicopter strike on a fuel depot near the southern Russian city of Belgorod. Ukrainian officials could not confirm their military was responsible for the explosion at press time.

In this handout photo released by Russian Emergency Ministry Press Service on Friday, Apri

Russia Becomes Primary Source of Funding for Kurdistan

The Russian government is now the primary funder of oil and gas deals in the autonomous region of Kurdistan and has yet to outline its position on next week’s Kurdish independence referendum, a report from Reuters has revealed.

Russian President Vladimir Putin, right, speaks with Prime Minister of Iraq's autonomous K