Stock markets are rallying worldwide Monday, and oil prices are easing after the United States and Iran reached a tentative deal to extend their ceasefire and reopen the Strait of Hormuz to get the global flow of crude going again.
India is considering Canada as a potential crude oil supplier, High Commissioner Dinesh Patnaik said on Wednesday at the Global Energy Show in Calgary, Alberta, adding that the country’s newer refineries are designed to process heavy crude, making Canadian grades a viable option.
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Canada-U.S. Trade Minister Dominic LeBlanc said he expects to see bilateral agreements negotiated alongside talks on the critical continental trade pact.
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