KUWAIT (Reuters) -Kuwait's Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump's recent remarks on Russian oil.

India fired back at the United States after President Trump pledged to increase tariffs on New Delhi over the country’s purchase of Russian oil. In a statement Monday, India’s Ministry of External Affairs (MEA) said the purchase of Russian oil is a “necessity” to “ensure predictable and affordable energy costs” and was once “encouraged”