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Keywords: Oil exports
Oil prices rebounded Tuesday after Monday's volatile session as traders assessed a historic US-India trade agreement potentially reshaping global energy flows and squeezing Russian oil revenues. Brent crude futures climbed nearly 2 percent, recovering from a 4 percent drop the previous day, while......
The United States' seizure of Venezuelan oil exports has stranded shipments intended to settle the South American nation's substantial debt to China, setting the stage for a potential showdown between the two global powers. This move threatens to further delay Venezuela's efforts to emerge......
Russian crude-loaded tankers are stacking up at sea, unable to offload cargo, as Moscow struggles to revive its Indian market lifeline that rescued its oil trade after European buyers pulled back following the Ukraine invasion. Russia shipped 3.42 million barrels per day over the four weeks ending January......
Drones targeted at least two oil tankers managed by Greek companies as they waited to load cargo at the Caspian Pipeline Consortium terminal near the Russian port of Novorossiysk on Tuesday. Maritime industry sources confirmed the strikes, which represent the latest escalation in assaults on critical......
Venezuela has deployed its navy to guard oil tankers leaving its main ports in response to a new U.S. blockade threat targeting ships engaged in its crude exports. The move marks a sharp escalation in the ongoing standoff between Caracas and Washington over sanctions and the country’s oil trade. Navy......
The United States and Ukraine are advancing efforts to finalize an updated peace framework following intense negotiations in Geneva. The talks aim to revise a previously proposed 28-point plan that has drawn criticism for appearing overly favorable to Russia, with key issues including Ukrainian territorial......
Syria has exported 600,000 barrels of heavy crude oil from the port of Tartus, marking its first official oil shipment in 14 years. This historic development follows the lifting of U.S. sanctions in June, after the removal of former President Bashar al-Assad in December 2024. The move signifies a critical......
The U.S. government announced on Wednesday a sweeping new round of sanctions against Iran, targeting over 50 individuals, entities, and more than 50 ships allegedly connected to a commercial fleet controlled by the son of a prominent Iranian official. In what it described as the “largest Iran-related......
New sanctions imposed by the U.S. on Russian oil producers and vessels are expected to significantly impact Russia's oil exports, forcing China and India to source more oil from the Middle East, Africa, and the Americas. This shift is expected to drive up oil prices and freight costs, traders and......