Tag: Crude oil
Hong Kong Accused of Serving as Key Hub for Iran’s Oil and Weapons: Report
A new report released by the Committee for Freedom in Hong Kong Foundation (CFHK) suggests that Hong...
China’s Major Banks Freeze Loans to Iran-Linked Refineries as US Sanctions Bite
China's financial regulators have quietly instructed the country's largest state banks to stop extending...
Tehran Reports Air Defense Activity Amid US–Iran Ceasefire Tensions
Iranian state media reported on Thursday, April 23 that unusual developments were observed in Tehran...
US Boards ‘Stateless’ Tanker Suspected Of Transporting Iranian Crude In Global Maritime Crackdown
The U.S. Department of War announced on Tuesday, April 21 that U.S. forces intercepted and boarded a...
Trump and Modi Discuss Middle East Tensions, Stress Keeping Strait of Hormuz Open
U.S. and Indian leaders on Tuesday, March 24 discussed the situation in the Middle East and energy security...
Trump Signs 60-Day Jones Act Waiver to Ease US Energy Prices Amid Middle East Tensions
On March 18, U.S. President Donald Trump signed an executive order announcing a 60-day waiver of the...
Trump Says US Bombed Iran’s Kharg Island Military Targets, Warns Oil Facilities Could Be Next
U.S. President Donald Trump said the U.S. military had carried out heavy bombing of military targets...
Surging Oil Prices Push Up Consumer Costs Across Canada
As the United States and Israel carry out military operations against Iran, global energy prices have...
Saudis Slash Oil Production By 1 Million Barrels Daily as Oil Market Chess Match Sharpens
A new move has been made in something of a chess match between Saudi Arabia and the Biden administration...
OPEC Banishes Three Major Western Media From June Meeting In Vienna
The world’s most prominent oil cartel, OPEC, has banished several of the largest names in the western...
US Government to Bolster Strategic Petroleum Reserve: Senior Officer
WASHINGTON, United States — The U.S. Energy Department said on Friday, Dec. 16 that it will begin buying...
Oil Prices Rise Amid Optimistic Outlook of Easing Inflation
NEW YORK — Oil prices rose on Tuesday, Nov 15 along with major stock indexes, after U.S. data signaled...