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Trump Squeezes Iran with Fresh Oil Sanctions

Hosted on MSN · 36m

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.

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.

The Associated Press on MSN · 19h

US imposes more sanctions on Iranian oil trade after Trump calls to drive exports ‘to zero’

The U.S. on Monday imposed sanctions on dozens of people and oil tankers across China, the United Arab Emirates, India and other jurisdictions for allegedly helping to finance Iran and its support for militant groups that launch attacks against the U.

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

Reuters on MSN · 4h

Russia detains teenager suspected of helping Ukraine target the Ryazan oil refinery with drones, RIA reports

Russian authorities have detained a 17-year-old boy suspected of gathering intelligence to help Ukraine target Russia's Ryazan oil refinery with drones, Russian state news agency RIA reported on Tuesday.

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,

32mon MSN

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 ...

2h

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 ...

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 ...

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 ...

2hon 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 ...

34mon MSN

Uncertainty around Trump's next steps on tariffs, sanctions to keep oil markets volatile - UBS

Oil prices held steady on Tuesday after rising in the previous session as the U.S. imposed new sanctions on Iran, raising ...

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 ...

20h

Iraq says it will submit updated plan to compensate for oil overproduction

Iraq reaffirmed its commitment to the OPEC+ agreement on Monday and said it would present an updated plan to compensate for ...

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