U.S, March 6 -- European stocks are seen opening a tad higher on Friday as oil prices fell on news of easing sanctions on Russian oil sales to India.
The United States has given India a waiver to buy Russian oil for 30 days as the Middle East conflict impacts global energy supply.
The Trump administration is considering emergency measures, including state insurance guarantees for tankers and naval escort to counter rising energy prices.
Also, it was said the White House is discussing the possibility of a large-scale release of oil from the Strategic Petroleum Reserve (SPR) in coordination with IEA partners.
Crude prices fell over 1 percent in Asian trade but were on track to post their biggest weekly gain since 2022, driven by large-sca...