Saudi Arabia is shipping its most crude through the Strait of Hormuz since the US-Iran truce reopened the waterway; Four Bahri supertankers carrying about 8mln bbls have exited the Gulf, signaling higher exports

Daily traffic through the Strait of Hormuz appears to have stabilized at between 30 to 60 crossings in the past seven-day period, with an average of 40 vessels a day crossing so far this week, according to ship-tracking company Kpler.

India oil minister says India Cos. are not selling fuels to Russia and possible that Indian origin refined fuel is sold to Russia via traders

Saudi Arabia is shipping its most crude through the Strait of Hormuz since the US-Iran truce reopened the waterway; Four Bahri supertankers carrying about 8mln bbls have exited the Gulf, signaling higher exports

India will reportedly build crude oil reserves to hedge against the risk of sharp oil-price spikes

The UK FCA motor finance scheme has been partially suspended