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IRAN OIL SANCTIONS
Oil Price Today (August 7): Crude oil rises above $83 as Strait of Hormuz deadlock continues. Here’s whyOil prices climbed for a second session on Friday due to renewed Hormuz Strait concerns. Iran proposed restricting hostile vessels and impo...
Oil rises on concerns over Strait of Hormuz reopening plansOil prices experienced a significant uptick on Friday, fueled by fears surrounding the critical Strait of Hormuz. Iran and Oman are contemp...
Proposed Hormuz passage deal not feasible for shipping industry, sources sayA proposed Iran-Oman deal for Strait of Hormuz control faces significant challenges. U.S. sanctions and restrictive insurance clauses imped...
Russian ‘shadow fleet’ tanker leaks oil off Oman coast, NGOs raise alarmAn Omani nature reserve faces an environmental catastrophe from an oil leak. A Russian shadow fleet tanker is reportedly leaking oil across...
Iran deja vu: Trump once again threatens massive escalation against Tehran only to walk backPresident Trump repeatedly threatened Iran with military action during the ongoing conflict. He then withdrew these threats, citing diploma...
Trump's closest Gulf allies are frustrated with his Iran war strategy: ReportGulf nations are frustrated by the lack of a clear US strategy against Iran, fearing further strikes on their energy facilities. While the ...
Iran's leaders show united front over war but are divided over what the goal isIran's leaders exhibit unity on war strategy but differ on the ultimate objective. Ultra-hardliners seek total victory, while pragmatists p...
India could face 100% tariffs under proposed US Russia sanctions billMany Democrats, some Republicans, and industry trade groups are unhappy about a provision in the long-stalled bill that would let Trump imp...
Iran claims to destroy drone hangars, fuel depot at US base in KuwaitUS Iran war: IRGC reported destroying US drone hangars and a fuel facility in Kuwait. The IRGC also claimed a missile strike on Jordan's al...
US senators announce deal on new Russia, Iran Sanctions BillSenators reached a deal on legislation empowering the president to restrict Russian and Iranian energy buyers. This measure allows tariffs ...
Discounts narrow on Russian Urals crude in IndiaDiscounts on Russian Urals crude oil delivered to India have dropped significantly this week. Stronger demand from Indian refiners is linke...
Brent crude jumps 7%, climbs over $90 on escalating Middle East strikesOil prices surged significantly amid renewed Middle East airstrikes and supply concerns. U.S. crude inventories dropped to a multi-year low...
100% tariff threat for India and others: US Senate advances Russia sanctions billThe US Senate overwhelmingly advanced a bipartisan sanctions bill targeting Russian energy buyers. This legislation grants President Trump ...
A misdiagnosis of US failings leaves Donald Trump stuck in IranTrump’s Iran strategy has reached a dead end despite repeated military threats, exposing the limits of US power. America’s inability to for...
Oil Price Today (July 28): Crude oil dips 10% in two sessions as US, Iran mull peace talks. What are experts saying?Brent crude futures were down $0.78, or 1%, at $88 a barrel, while US West Texas Intermediate crude fell $0.88, or 1.1%, to $82. Both bench...
Explained: Why crude oil prices tumbled over 9% to below $90/bbl in one dayCrude oil prices plunged more than 9% to $88 a barrel after the US paused strikes on Iran and Tehran signalled restraint, boosting hopes of...
Russia crude prices swing wildly amid Iran warThe landscape of Russian crude prices for Indian refiners has seen considerable volatility influenced by the Iran war. Initially, discounts...