Oil Shock: India's Russian Oil U-Turn?

Oil prices spiked on Trump's claim of an India-Russia oil deal, but is it real? Explore the potential supply squeeze as India faces pressure to ditch discounted Russian crude, potentially shifting reliance to the Middle East. New UK sanctions add pressure, aiming to cripple Russia's war chest. But, rising US oil inventories and US-China trade tensions add further volatility, creating a complex global oil market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.