US sanctions strand Iran, Russia oil on tankers, driving up crude costs
The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...
Europe must invoke 'snapback' sanctions on Iran, US lawmakers say, as Trump resumes 'maximum pressure'
A bipartisan group of lawmakers in Congress is urging European countries party to a 2015 nuclear deal with Iran to trigger ...
Crude Oil Prices1d
Trump Cracks Down on Iran Oil but Sanctions May Not Stick
The Trump administration is seeking to drastically reduce Iran's oil exports to just 100,000 barrels per day through a ...
US imposes sanctions on network that helps ship Iranian oil to China
The U.S. on Thursday imposed sanctions on a network of more than a dozen people and firms that are accused of facilitating ...
Oil Surplus Shrinks Again on Sanctions and Demand, IEA Says
The International Energy Agency once again slashed expectations for a global oil surplus this year amid stronger demand ...
JD Supra1d
President Trump Seeks “Maximum Pressure” on Iran Through Expansion of Sanctions Targeting Iran’s Oil Exports
As has been widely reported, the U.S. policy of “maximum pressure” towards Iran has returned. On February 4, 2025, the Trump administration ...
Trump admin sanctions ‘front company’ selling oil to China to allegedly fund Iranian military and terrorist groups
The US will not tolerate Iran’s destructive and destabilizing behavior and is today sanctioning an international network that ...
TradeWinds2d
Iranian and Russian oil that would fill over 70 suezmax tankers may be stranded by sanctions
A huge and growing amount of Russian and Iranian oil is stuck on tankers worldwide as Western sanctions continue to impede ...
Latest US sanctions on Russia throw global oil trade into disarray
Tightened U.S. sanctions on Moscow have disrupted a roaring trade in discounted Russian oil to China and India, reviving ...
Crude Oil Prices4d
New Sanctions Aim to Curtail Iran's Oil Revenue Flow to China
The United States has imposed new sanctions on individuals and entities facilitating the sale of Iranian oil to China, aiming ...
TradeWinds4d
Are Donald Trump’s first Iran sanctions moves the start of ‘maximum pressure’ or ‘art of the deal’?
The new sanctions came just days after Trump ordered the federal government to put “maximum pressure” on Iran — renewing a ...
Oil is up for a third straight session as traders weigh impact of tariffs and sanctions
Oil futures finished higher for a third straight session on Tuesday as traders weighed the supply and demand impacts of ...