Russian Oil Back in Demand as Middle East Burns

2026-03-04 - 07:38

Russian Oil Back in Demand as Middle East Burns As tensions escalate across the Middle East, global oil markets are shifting rapidly. With supply routes under threat...particularly around the Strait of Hormuz...crude prices have surged above $80 per barrel. The renewed instability is now pushing major buyers to reconsider alternative suppliers. India, one of the