U.S., Russia vie for a bigger slice of the world’s third-largest energy market

Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest-growing large economy. India’s growing energy requirements are becoming fertile grounds for a contest between the U.S. and Russia, as the two geopolitical rivals seek a bigger…

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Oil falls as the U.S. pivots to economic pressure on Iran

FILE PHOTO: Oil tankers pass through the Strait of Hormuz, December 21, 2018. Hamad I Mohammed | Reuters Oil fell Wednesday, amid easing concerns about military conflict as the U.S. leans towards economic sanctions to pressure Iran. International benchmark Brent crude futures for October delivery declined 2.52% to $86.35 a barrel. U.S. West Texas Intermediate futures for October…

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WTI, Brent, U.S. sanctions, Iran

Drone view of oil tanker HELGA berthed at one of Iraq’s southern offshore oil terminals near Basra as it prepares to load crude oil, becoming the second vessel to arrive since the closure of the Strait of Hormuz, April 24, 2026. Mohammed Aty | Reuters Oil prices fell Monday as investors awaited details of what…

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