The contract hit a session high of $113.97 a barrel on Thursday before settling at $111.42 a barrel.

Russia will not supply oil to the countries that maintain a price ceiling, according to the Russian Deputy Foreign Minister, Andrey Rudenko.

Russia has emerged as one of the beneficiaries of the war, with the conflict lifting crude prices and Washington easing long-standing curbs on its exports.

That’s the price of the region’s benchmark diesel futures, known as ICE Gasoil, which rose as high as $1,509.50 a ton earlier today, the equivalent of $202.3 a barrel.

Brent rose by $3, or 2.78%, to $111.01, WTI were up $2.59, or 2.74%, at $97.07.

В ходе визита Премьер-министра, в развитие договорённостей Президента России Владимира Путина и Генерального секретаря ЦК КПВ То Лама между компаниями АО «Зарубежнефть» и ГК «Петровьетнам» подписаны документы о расширении сотрудничества двух государственных компаний как в России, так и во Вьетнаме.

Russia and Vietnam have existing nuclear technology links, notably with the development of plans for a Centre for Nuclear Science and Technology in Vietnam, which includes a Russian‑designed research reactor.

Brent crude futures traded at about $104.1 a ⁠barrel, U.S. ​West Texas Intermediate was down 7.8% at $90.55.

India used to buy 518,000 b/d of Iranian oil in 2018, which slowed to 268,000 b/d between January-May 2019 during the sanctions waiver period,

Chinese state-owned refineries are competing for Iranian crude oil allowed under the US exemption, while barrels remaining in Southeast Asia with origin certificates other than Iran are expected to continue to be acquired by China's independent refiners, according to sources from the state-owned and independent sectors.

Стороны подтвердили взаимное стремление на углубление сотрудничества как по линии ТЭК, так и в других направлениях.

Brent futures rose $1.67, or 1.5%, to $110.32 ​a barrel at 1030 GMT, while U.S. West Texas Intermediate (WTI) crude added 33 cents, or 0.3%, to $96.47.

With the culmination of the Ramadan festivities this week,the main agenda has been cutting through the noise in the global Oil markets.

Brent were down $7.15, or 7.2%, at $91.81, WTI was down $6.26, or 6.6%, at $88.51 a barrel.

Russia is now aiming to capitalize on supply concerns as a result of the conflict in the Middle East, where energy infrastructure and supply routes have been attacked.