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Energy Sector News, Tuesday, August 5, 2025 - Trump Pressures India, Russia Limits Fuel Exports

... as the lowest gasoline consumption figures in May in the U.S. since 2020—overall global oil consumption continues to grow. Analysts forecast that global demand will increase by approximately 1.2 million barrels per day in the second half of 2025, reflecting ... ... imposed until August 31 inclusively, but authorities do not rule out extending the restriction into September if necessary. Financial Dampening and Trade Control. Monitoring of petroleum product trading has increased; the government is utilizing the ...