Oil Trade

China’s Russian Oil Imports Surge to Record High as India Retreats

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Ai create

Global oil trade flows are undergoing a major shift in February 2026. China’s imports of Russian crude are set to hit an all-time high, while India is scaling back purchases under geopolitical and economic pressure. This divergence underscores how discounted Russian oil is reshaping global energy markets. China’s Record Oil Imports India’s Cutback Global Market … Read more

U.S. Fighter Jet Downs Iranian Drone

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A U.S. Navy F-35C fighter jet shot down an Iranian Shahed-139 drone that “aggressively” approached the aircraft carrier USS Abraham Lincoln in the Arabian Sea, escalating tensions between Washington and Tehran. The incident occurred about 500 miles from Iran’s southern coast, just hours after Iranian forces harassed a U.S.-flagged merchant vessel in the Strait of … Read more