Indian refiners avoid Russian oil for US trade deal
Indian refineries avoid Russian oil purchases for April, aiming to secure a trade deal with the US. This move follows a framework agreement between India and the US, expected to be finalized by March.
Chinese refineries increase Russian oil purchases as India reduces volumes. Indian refineries seek alternative sources including US, Brazil, and Middle East.
India's largest oil company replaces Russian oil with US supplies
Indian Oil Corporation, India's largest oil refiner, has reached agreements with the US, UAE, and Canada to replace Russian oil imports amid threats from Trump.
JPMorgan: Crypto Market Structure Act likely to pass mid-year
JPMorgan predicts the Crypto Market Structure Act will likely pass by mid-2026, potentially transforming the crypto market and attracting institutional investors.