India, April 20 -- By Nikhil Dedha

Singapore, April 20 (ANI): Russian crude oil is emerging as a key factor in containing global oil prices amid ongoing supply disruptions triggered by the crisis in the Strait of Hormuz, said June Goh, Senior Oil Market Analyst, Sparta Commodities.

In an exclusive conversation with ANI on the recent developments in the crude market amid disruptions due to West Asia crisis, Goh stated that "Certainly having Russian oil supply for those floating barrels in the market is keeping a bit of a ceiling to the market right now," the expert said, highlighting the role of Russian crude in stabilising prices even as global supply remains tight.

The global oil market is currently facing a major disruption, with aro...