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Trump Squeezes Iran with Fresh Oil Sanctions

Hosted on MSN · 13m

Donald Trump Squeezes Iran with Fresh Oil Sanctions

Washington has imposed imposes new sanctions on Iran's shadow oil fleet, aiming to reduce its crude exports to zero.

Barron's · 52m

Oil Gains Amid Trump Iran Sanctions

Oil prices were rising, with Brent crude advancing 0.4% to $74.36 a barrel and WTI up 0.2% at $70.85 a barrel. Crude has fluctuated in the mid-$70s for Brent and low $70s for WTI over the past week, Goldman Sachs analysts said in a note.

Oil prices gain for a second day as US sanctions on Iran raise supply concerns

Oil prices rose for a second day on Tuesday as the U.S. imposed fresh sanctions on Middle Eastern producer Iran that increased concerns supply might tighten.

Russia's Ryazan Oil Refinery Halts Operations

Ukrainian Drones Just Blew Up Another 5% Of Russia’s Oil Refining

But the steady drumbeat of Ukrainian raids, undeterred by overstretched Russian air defenses, is taking a toll. Ukrainian attacks temporaril

U.S. News & World Report · 20h

Russia's Ryazan Oil Refinery Halts Operations After Drone Strike, Sources Say

Russia's Ryazan oil refinery has suspended operations after an attack by Ukrainian drones on Monday, three industry sources told Reuters. The main crude distillation unit at the refinery, CDU-6, caught fire in the attack and the plant has fully suspended oil processing,

ABC News on MSN · 17h

Drones target major Russian oil refinery on Ukraine invasion anniversary

Russia launched 185 attack drones into Ukraine in an overnight attack coinciding with the third anniversary of Moscow's full-scale invasion.

1h

Brazil Offshore Oil Hit by Regulator’s Crackdown on Drilling

Brazilian regulators are cracking down on some offshore drilling by oil giants like Petrobras and Equinor ASA, complicating ...

2h

Malaysia’s Petronas posts profit drop in 2024 amid global volatility, lower oil prices

Malaysia's state energy firm Petroliam Nasional Bhd reported on Tuesday a drop in profit in 2024 compared to a year ago, amid ...

2d

How Trump's energy agenda complicates state's plan to clean up abandoned oil and gas wells

There are more than 20,000 abandoned oil and gas wells in Oklahoma. The Oklahoma Corporation Commission uses state and ...

Crude Oil Prices10h

Trump’s Oil Tariffs Could Cost Foreign Producers $10 Billion Annually

Goldman Sachs has provided estimates that a proposed 10% U.S. oil tariff could cost foreign producers $10 billion per year ...

1hon MSN

Spanish oil company Moeve swings to profit

Spain's second-largest oil company Moeve, formerly known as Cepsa, said on Tuesday it swung to a profit last year on the back ...

14hon MSN

OPEC+ to Hike Oil Output as Trump Seeks Lower Prices, BofA Says

OPEC+ is expected to revive some curtailed crude production in April following US President Donald Trump’s appeals to the ...

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