Global crude oil futures dropped nearly $2 on Tuesday as diplomatic progress in Tehran and rebounding Russian refinery throughput spurred selling, though a ballistic missile attack on Saudi Arabia's Ras Tanura refinery checked the retreat.
India's Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce and Industry, has recommended imposing countervailing duties (CVD) on imports of PVC Suspension Resin originating in or exported from China.
Global crude oil futures settled lower on Monday as multi-nation diplomatic talks in Tehran and rising Russian diesel output tempered supply fears, though persistent attacks on Saudi infrastructure and Gulf shipping limited the pullback.