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OIL AND GAS SANCTIONS
US House to vote on Russia sanctions backed by late Senator GrahamThe House will consider a Russia sanctions bill next week. This measure passed the Senate with bipartisan support earlier. It aims to incre...- Costly war far from over even as US loosens Iran's grip on Strait of HormuzUS has restricted Iran's oil exports and loosened its Strait of Hormuz control. This ongoing conflict, however, is nowhere near resolution ...
- IMF say global growth on track to reach 3% in 2026, but risks remain highThe global economy has weathered the energy shock better than feared. Economic output is still expected to expand by about three percent in...
- Houthis attack Saudi energy sites, cities, wound 73 as Iran war risks wider escalationYemen's Houthis attacked Saudi energy facilities and cities, wounding over seventy people. This escalation highlights the risk of the Iran ...
- Shipping nations warn global trade is fracturing — and everyone paysThe Strait of Hormuz, which Iran effectively shuttered after the US and Israel launched strikes against it in February, is a stark example ...
- Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz StraitGoldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further ups...
- Trump forecasts oil below $2 a gallon after US ‘victory’ over IranPresident Trump forecasts oil prices will fall significantly after a US victory in the Iran conflict. He stated that gas prices could drop ...
- Iran vows to respond to US strikes, says US energy companies' facilities are 'exposed'Iran has threatened to retaliate against any new United States attacks on its assets. The nation warned that regional energy production is ...
- Iran to announce new restricted zone in the Gulf, top security official saysIran's top security official has announced that the country will be establishing a new restricted zone in the Persian Gulf. This move comes...
- Iran claims strike on US ship in Strait of Hormuz as fighting escalatesIran has claimed responsibility for an attack on an unmanned U.S. vessel near the strategically important Strait of Hormuz. The U.S. milita...
- India emerges as key diesel supplier to Europe as Russian, US flows falterIndia now supplies sixty percent of diesel transiting Bab-el-Mandeb to Europe. Russian diesel exports remain severely constrained due to on...
- "Conflict will not be resolved by buying or not buying oil": S Jaishankar on US sanctions bill"But let me just add this. You know, this conflict, which is today in its third year, will not be solved because somebody is buying or not ...
- US hits Cuba with new sanctions as island's crises multiplyThe United States has imposed new sanctions on Cuba, targeting its oil industry and individuals. These measures aim to further strain the i...
- Russia Sanctions Bill: India gets a breather as Trump’s 100% tariff weapon stalls in US HouseA US Senate bill to impose tougher sanctions on Russia is facing growing opposition in the House, making it unlikely to move before the Nov...
- Trump doubles down on sanctions, military pressure as Iran refuses to yieldThe Trump administration employs economic pressure and military threats against Iran. Iran's government has refused to yield to these inten...
- Iran blacklists more ships trying to sail through Hormuz, govt website showsIran has expanded its list of vessels prohibited from navigating the strategic Strait of Hormuz, now including eleven additional ships. The...
- US oil firm to take over some Venezuelan oilfields previously run by Chinese, Russian companies, officials sayNorth American Blue Energy Partners will acquire Venezuelan oilfields from Chinese and Russian companies. This move follows a significant o...
- ONGC Videsh eyes Venezuela oil assets after US green lightAn Indian investment team is reviewing Venezuelan oil assets after receiving US government approval. This visit marks the first such trip i...
- Ukraine sanctions chief heads to Washington to push Russia sanctions billUkraine’s top sanctions official Vladyslav Vlasiuk will visit Washington to lobby House lawmakers to back a sweeping Russia sanctions bill ...
- Iran digs up ‘tens of billions’ in gas wealth as US energy showdown heats upIran has discovered a major gas field in southern Fars province containing 7.5 trillion cubic feet of gas, with 5.7 trillion cubic feet rec...
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