Tag: global oil markets
US Treasury Sanctions Major Chinese Oil Refinery and 40 Shipping Firms Tied to Iran’s Shadow Fleet
According to an April 24 press release, the Treasury Department's Office of Foreign Assets Control sanctioned...
How the Iran War Disrupted China’s Oil Supply
The 40-day US and Israeli air campaign against Iran severely disrupted Chinese oil imports. The International...
US Conducts Military Buildup Near Iran, Including 2 Aircraft Carriers
Amid ongoing tensions between the U.S. and Iran, and with both sides set to hold critical talks in Switzerland...
US Seizes Second Oil Tanker Near Venezuela as ‘Total Blockade’ Takes Effect
Three U.S. officials told Reuters on Saturday, Dec. 20, that the United States is intercepting and seizing...
Trump Sanctions Russian Oil Giants, Urges Moscow to Accept Immediate Ceasefire in Ukraine
U.S. President Donald Trump announced sweeping new sanctions on Russia’s top oil producers on Wednesday...