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IRAN OIL EXPORT SANCTIONS
Houthis attack Saudi Arabia’s Ras Tanura refinery amid $1 billion ceasefire offer reportsYemen's Iran-aligned Houthis claimed responsibility for an attack on Saudi Arabia's Ras Tanura oil refinery. A fire occurred near the facil...
Iran security chief meets Supreme Leader after talks with Mecca pact countriesMohsen Rezaei recently met with Ayatollah Mojtaba Khamenei following discussions with representatives from Saudi Arabia, Turkey, and Pakist...
Trump looks to rein in fuel prices ahead of midterms; waives threat of 100% tariffs on India over Russian oilUS President Donald Trump has waived fresh sanctions and duties on Russian energy exports under a new law, citing national interest and eas...
No pressure from US to cut Russian oil imports, Oil minister Hardeep Singh Puri saysOil Minister Hardeep Singh Puri said India has faced no US pressure to reduce Russian crude imports. US President Donald Trump waived fresh...
If Netanyahu loses, what happens next in the US-Israeli war on Iran?Benjamin Netanyahu's upcoming election holds significant implications for Israel's policy on Iran. Depending on the election's result, the ...
Iran claims Strait of Hormuz control, warns US warships against entering Persian Gulf amid fresh strike threatIran has declared full control over the strategic Strait of Hormuz and warned against US military entry. Meanwhile, US officials hinted at ...
Oil exports from Persian Gulf 'surpassed pre-conflict levels', claims US Treasury Secy BessentUS Treasury Secretary Scott Bessent announced that oil exports from the Persian Gulf have exceeded pre-conflict levels. This development oc...
Oil Price Today (October 23): Crude oil ticks over $114, jumps nearly 8% this week as energy attacks intensify. What are experts saying?Brent crude futures rose 50 cents, or 0.45%, to $114.02 a barrel, while US West Texas Intermediate (WTI) crude gained 40 cents, or 0.42%, t...
Oil little changed as supply concern lingers amid Houthi attacks on Saudi ArabiaOil prices showed minimal movement as Brent crude futures dipped slightly. In light of intensifying Houthi attacks impacting oil supply, Sa...
US blinks on Russia, India less flutteredTrump's decision to waive tougher sanctions against Russia aims to ensure US diesel supply until the midterm elections. The waiver, however...
India's Russian crude binge to continue after Trump waives new sanctions lawWith a fresh sanctions waiver from the US, India is poised to sustain its current levels of Russian crude imports, having now surpassed Chi...
- Oil Price Today (October 19): Crude oil dips 2% to $108 after hitting its highest levels since May. Here’s why
Brent crude futures dropped $1.80, or 1.64%, to $108.06 a barrel after settling at their highest level since May 19 on Friday. US West Texa...
Oil slips as Trump's sanction waiver may lead to more Russian fuel suppliesOil prices took a tumble after US President Trump eased sanctions on Russia, prompting a surge in fuel exports. Brent crude futures fell to...
Iran keeps Strait of Hormuz reopening offer on table, says path depends on USIran's Foreign Minister Abbas Araqchi confirmed that an offer to reopen the Strait of Hormuz is still valid. This proposal involves several...
Marco Rubio says Trump to take up to 60 days to weigh Russia sanctionsUS President Donald Trump announced a temporary waiver of sanctions and tariffs on Russian exports. Secretary of State Marco Rubio stated a...
Iran ships some LPG, jet fuel despite US blockade, data showsIran has managed to export limited liquefied petroleum gas and jet fuel despite ongoing US naval blockades. The Iranian methodology involve...
Oil prices fall as investors weigh supply outlook, Middle East tensionsOil prices experienced a downturn as investors weigh the repercussions of shipping assaults in the Strait of Hormuz, particularly from Hout...