Russian Oil Price for India Eased, Russia Extends Voluntary Export Cut, US House Passes Bill to Harden Sanctions on Iranian Oil, Fire at Russian Refinery

Russian oil price for India eased in September, Indian refiners reduced purchases due to high prices and maintenance outages. Russia agreed to extend voluntary cut of oil and oil product exports until the end of 2023 to strengthen measures taken by OPEC+ countries. US House passed bill to harden sanctions on Iranian oil, but effectiveness is uncertain. Fire at Afipsky oil refinery near Novorossiisk extinguished, believed to be a drone attack.