People from Tiwi Islands and Larrakia Traditional Owners seek injunction from Seoul Central District Court to block loans to deep-sea pipeline planned off northern Australia

Even if most oil sales are done in dollars, more and more countries are doing deals in other currencies, as shown by India’s purchase of Russian crude via a rouble/rupee transaction

Experts say the Saudi offer to allow China to pay for oil in yuan is not linked to sanctions on Russia, but rather Riyadh using China as a bargaining chip to put pressure on its Western allies

Arrivals of Saudi crude totalled 14.61 million tonnes in January-February, equivalent to 1.81 million barrels per day (bpd), down from 1.86 million bpd a year earlier, data showed

Tehran envoy Ali Chegeni said if both nations restart their rupee-rial trade, bilateral trade could surpass $30 billion

Canberra on Friday announced new sanctions against 11 government entities and financial institutions and 41 more individuals, including two billionaires

As of Friday, retail petrol prices will rise by 750 yuan ($118) a tonne and diesel prices by 720 yuan a tonne, the National Development and Reform Commission said

Thailand has little choice but join the scramble for alternative gas supplies at a time European demand is rising

Japan Bank for International Cooperation (JBIC) offers guarantees to about 65 billion yen ($550 million) worth of yen-denominated samurai bonds

Both Brent and West Texas Intermediate (WTI) crude futures benchmarks settled below $100 per barrel for the first time since late February

Talks between Riyadh and Beijing have accelerated as Saudi unhappiness grows with Washington over its defence commitments and Yemen

India is considering taking up a Russian offer to buy its crude oil and fertiliser commodities at discounted prices with payment via a rupee-rouble transaction, officials have said