...Imports from Nigeria hit six-month high American refiners are increasingly turning to Nigeria’s light, sweet crude as geopolitical tensions disrupt traditional oil trade routes, pushing imports from the West African nation to their highest level in six months. The shift comes on the heels of a sharp escalation in U.S. trade pressure on India. Just last week, President Donald Trump doubled tariffs on Indian crude imports from 25 percent to 50 percent, accusing New Delhi of “fueling Putin’s war in Ukraine” by continuing to buy m
...Imports from Nigeria hit six-month high American refiners are increasingly turning to Nigeria’s light, sweet crude as geopolitical tensions disrupt traditional oil trade routes, pushing imports from the West African nation to their highest level in six months. The shift comes on the heels of a sharp escalation in U.S. trade pressure on India. Just last week, President Donald Trump doubled tariffs on Indian crude imports from 25 percent to 50 percent, accusing New Delhi of “fueling Putin’s war in Ukraine” by continuing to buy m