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US CRUDE EXPORTS
Every country backing Iran should brace for US sanctions, warns BessentUnited States Treasury Secretary Scott Bessent announced a new sanctions campaign targeting Iran. He warned all countries have a defined ti...- Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
- India bonds flat as oil prices shrug off US curbs on IranIndian government bonds experienced little movement early Tuesday, stabilizing after a recent decline. Oil prices reacted unfazed to new US...
- Asian buyers snap up US crude, adding stress to tight marketAsian refiners are set to nearly double purchases of US crude for September as Middle Eastern oil prices surge amid the Iran war and Strait...
- Bessent's D-Day sanctions are more Anzio, but Iran response is keyUS sanctions announced by Treasury Secretary Scott Bessent aim to pressure Iran and countries doing business with it, but their gradual app...
- $20 million: The cost of shipping oil through Strait of Hormuz, TotalEnergies CEO saysShipping oil cargoes via the Strait of Hormuz costs approximately twenty million dollars. This significant freight expense creates wide mar...
- India's exports to Iran set to fall further due to Dubai halt, US sanctionsNew U.S. sanctions and UAE trade suspension may disrupt Indian exports to Iran. Rice, tea, and pharmaceutical shipments routed through Duba...
- Global Market: European shares edge lower as investors await Iran sanctions detailsEuropean shares edged lower on Monday as technology stocks came under pressure, while investors awaited US sanctions on Iran, Nvidia’s resu...
- US billionaires are piling millions into Argentina's Shale boom, here’s what is driving itAmerican billionaires are increasing investments in Argentina's Vaca Muerta shale basin. Harold Hamm's Continental Resources plans a $4 bil...
- US refiners face historic stress test as global crisis loomsUS refineries are running near maximum capacity to fill global fuel shortages caused by the Iran war and disruptions in Russia. While this ...
- The Hormuz crude volume debate masks the real shortage of refined fuelsThe oil market is focused on disputed estimates of crude flows through the Strait of Hormuz, but Asia’s refined fuel markets show clearer s...
- Iran allowed Iraqi tankers to pass through Hormuz Strait: state mediaTehran has allowed Iraqi oil tankers passage through the Strait of Hormuz. This decision follows repeated requests from Baghdad over the pa...
- India's goods trade deficit hits 6-month high as imports rise amid Middle East conflictIn July, India's merchandise trade deficit climbed to $31.98 billion, the highest in six months, largely attributed to increasing oil and e...
- US military moves 15 million barrels through Hormuz amid standoff with IranOver fifteen million barrels of oil moved through the Strait of Hormuz with US military assistance. Total shipments leaving the region, inc...
- Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
- The Iran war energy crisis is just getting startedThe Iran war has severely impacted global oil refining, causing diesel and gasoline prices to remain elevated. Refined product prices have ...
- China boosts imports of Russian crude, stymieing India's refinersChina's growing demand for Russian crude oil is impacting India's supply. India's imports from Russia's European ports have significantly d...
- Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
- Oil edges up on uncertainty over exports through HormuzOil prices climbed for a fourth day due to supply uncertainty. Investors weighed conflicting messages from Tehran and Washington on the Str...
- Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace dealCrude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...
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