Trump’s “Historic Deal” With Venezuela Isn’t Fooling Oil Traders
Two days after President Trump called his new Venezuela agreement “the biggest oil deal in…
Category: Energy
Russian Oil Is No Longer India’s Easy Bargain
India’s crude imports fell in August, and Russia’s share declined with them, exposing a supply…
Iran War Adds $330 Billion to Global Energy Import Bill
The war between the United States, Israel, and Iran has caused the oil and gas…
U.S. Eyes 18th-Century Law to Seize and Sell Iranian Oil
The US government is exploring an unusual legal route for dealing with Iranian oil and…
Global Oil Security Looks Shakier as Conflicts Hit 45 Million Bpd of Supply
Almost half of the world’s oil supply is produced in regions currently engaged in hot…
Oil Selloff Outruns Reality in Hormuz
WTI crude oil futures were trading at $83.51 late Thursday, down $3.13, or 3.61%, for…
Strait of Hormuz Traffic Ticks Higher Amid New Diplomatic Push
Commodity vessel traffic at the Strait of Hormuz rose slightly over the past 24 hours…
Europe’s Russia Sanctions Have a Major Blind Spot
Over the last two years, the EU and UK have emerged as leading actors in…
Oil Shrugs Off Trump’s ‘Toughest Sanctions in History’
Oil holds near $90 despite sweeping Iran sanctions as uncertainty over Hormuz transits keeps markets…
The Iran War Has Handed Russia a Strategic Opening in Europe
The war with Iran has handed Russia a strategic advantage in Ukraine. Washington is burning…