News Snapshot:
Pakistan has placed it first order for discounted Russian oil, according to Reuters. Asif Hassan/AFP Barrels of Russian oil trade for $15 less than other benchmarks as the Ukraine war weighs on prices. Pakistan just placed its first order for the cheaper crude, its petroleum minister told Reuters. It joins China and India in moving to snap up Russian oil at a discount. Pakistan has placed its first order for Russian oil since the war with Ukraine began, becoming the latest country to snap up Moscow's crude at a discount. Petroleum minister Musadik Malik said in an interview with Reuters...
