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Discounts on Russia's flagship Urals crude have widened to more than $10 per barrel against dated Brent for deliveries to Indian ports, as the return of Middle Eastern oil supply and weakening demand from Asian refiners leave Russian sellers scrambling…

The U.S. Energy Information Administration said Tuesday that global crude oil production and trade flows are expected to return to near pre-conflict levels by the end of 2026, with most shut-in production from the Iran war restored during the first…