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OIL EMBARGO TRUMP
Hormuz oil shock echoes 1973 embargo lessonsThe recent Strait of Hormuz closure, though brief, signals a potential turning point for global energy. Echoing the 1973 oil embargo, this ...- 'All-time record, Strait totally open': Trump says 19 million barrels of oil exited Hormuz on MondayPresident Trump announced unprecedented maritime activity in the Strait of Hormuz following a new diplomatic understanding with Iran. He cl...
- Cuba unveils historic package of free-market reformsIn a landmark speech to National Assembly, Prime Minister Manuel Marrero detailed 176 measures aimed at rolling back the state's role in th...
- What sanctions are there on Iran and will they be lifted?Iran's oil sales may see a waiver under a new interim deal. However, the country remains under a complex network of international sanctions...
- What is the G7 and what's on the agenda at the Evian-les-Bains summit?G7 leaders convene in France to tackle pressing global issues including the wars in Ukraine and Iran, and economic imbalances. Discussions ...
- In new crude world order, US is largest exporter of crudeAmerica's ascendancy to the top spot marks a stunning reversal for a country that was dependent on West Asian oil for decades and suffered ...
- The world's oil piggy bank is being smashed open. What can go wrong?Global oil inventories are plummeting to multi-decade lows, exacerbated by Middle Eastern supply disruptions and the rapid depletion of str...
- Cuba crisis: After power outages of up to 22 hours a day, shortages of tap water, U.S now imposes sanctions on President, Raul Castro, family membersWhile Cuba has been under a US trade embargo since 1962, President Donald Trump has drastically ramped up pressure in recent months.
- Despite Trump's pressure, Cuba may not turn out like VenezuelaThe U.S. is increasing pressure on Cuba, but unlike Venezuela, the island nation lacks a clear opposition leader or succession plan. Cuba's...
- Rare public appearances, low profile mark Raul Castro's life since stepping down as Cuba's presidentFormer Cuban President Raul Castro is now facing serious charges from US prosecutors. These accusations relate to a 1996 incident where civ...
- Fuel price hike on the cards as India struggles to absorb soaring crude costsIndia is grappling with significant economic challenges due to elevated global fuel prices. The government has absorbed substantial daily l...
- WTI crude oil price sharp fall today reason: Why are oil prices suddenly crashing now as Brent crude tumbles over 7% and traders fear a bigger global oil market shock?WTI crude oil price crash today is shaking global commodity markets. Oil prices suddenly collapsed as traders rushed to remove geopolitical...
- Iran fires 'warning shots' as US Navy says its ships entered Gulf via HormuzIran's navy reportedly fired warning shots at US warships in the Strait of Hormuz after American destroyers entered the Gulf to assist comm...
- Iran warns will attack US forces in Hormuz after Trump announces plan to guide shipsIran's military warned of attacks on US forces entering the Strait of Hormuz, following President Trump's announcement of a new US maritime...
- Why oil and gas prices are rising today, April 29: Brent crude surges past $114 — here’s what rising oil prices mean for gas prices, inflation, and the Fed rate decision todayWhy US oil and gas prices are rising today, April 29: Brent crude has crossed $114 per barrel, while WTI trades above $103. At the center o...
- How the Iran war oil and gas supply shock compares with past disruptionsA major oil supply disruption is underway due to the US-Israeli war with Iran and the closure of the Strait of Hormuz. This event is the wo...
- Trump's top aide says US blockade 'squeezing economic life' out of Iran, reiterates anti-nuclear stanceWhite House Deputy Chief of Staff for Policy and Homeland Security Advisor Stephen Miller said that the United States' naval blockade again...
- Lessons learned in 70s have made US, world economies less vulnerable to oil shocksThe world economy is experiencing a significant oil price surge reminiscent of the 1970s. However, countries are now better prepared. Decad...
- Trump vows to 'take' Cuba as island reels from oil embargoUS President Donald Trump vowed Monday to "take" Cuba as the communist island plunged into darkness under a total power blackout linked to ...
- About a dozen oil tankers have left Venezuela despite Trump blockade, data shows and sources sayDozens of sanctioned tankers loaded with Venezuelan crude and fuel have departed the country in "dark mode" since the start of the year. Th...
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