US sanctions News

US Revokes Venezuela Operating License of French Oil Giant M&P: What's Next?

French oil company M&P confirms the US revoked its Venezuela operating license, effective May 27, amid broader sanctions affecting oil firms. Venezuela criticizes the decision as i...

US Revokes French Oil Giant M&P's Venezuela License Amid Shifting Sanctions Landscape

French oil company M&P confirms the US revocation of its Venezuela operating license, part of a broader OFAC initiative. Venezuela deems the move illegal but remains open to cooper...

US Revokes Venezuela Operating License for French Oil Giant M&P: What's Next?

French oil company M&P confirms the US revoked its Venezuela operating license, part of a broader OFAC initiative. Venezuela deems the move illegal, vowing continued cooperation wi...

US Revokes Venezuela Operation License of French Oil Giant M&P, Sparks International Debate

French oil company M&P confirms the US revocation of its Venezuela operation license, part of a broader OFAC initiative. Venezuela rejects the decision as illegal, vowing to mainta...

US Revokes French Oil Giant M&P's License in Venezuela Amid Geopolitical Tensions

French oil company M&P confirms the US revoked its Venezuela operation license, part of a broader OFAC initiative. Venezuela dismisses the action as illegal, pledging continued coo...

US Revokes M&P's Venezuela License: A Shift in International Oil Operations?

French oil company M&P confirms the US revoked its Venezuela operation license, part of a broader OFAC action affecting international oil firms, with Venezuela denouncing the move ...

Global Oil Prices Surge as US Imposes New Sanctions on Iran's Oil Sector

Oil prices have risen following new US sanctions on Iran's oil sector, amidst escalating Middle East tensions and increased US airstrikes in Yemen. WTI and Brent crude prices both ...

Global Oil Demand to Surge by 1.1 Million Barrels Per Day by 2025, IEA Reports

The International Energy Agency forecasts a global oil demand growth of 1.1 million barrels per day by 2025, with China, India, and Other Asia leading the increase. Global supply i...

Global Oil Demand to Surge by 1.1 Million Barrels Per Day by 2025, IEA Reports

The International Energy Agency forecasts a 1.1 million bpd increase in global oil demand by 2025, with China leading the growth despite a reduced share. Global oil supply is also ...

Crude Oil Prices Take a Dip: A 1% Drop Following Yesterday's Surge

Crude oil prices fell by over 1% on Thursday, reversing previous gains due to US sanctions on Russia and delays in Israel-Hamas negotiations. WTI and Brent prices both saw decrease...

US Sanctions Propel Oil Prices Up by 2%, Spotlight on Russia's Energy Sector

Crude oil prices surged over 1% due to US sanctions targeting Russia's energy sector, affecting major producers and raising global supply concerns. WTI and Brent prices both saw si...

Global Oil Prices Dip 1.5% as US Sanctions on Russia Lose Steam

Crude oil prices have declined as the market's reaction to US sanctions on Russian oil companies cools. WTI and Brent crude both saw decreases, marking the first downturn since the...

Global Oil Prices Surge Past $81: Inflation Fears Intensify Amid US Sanctions

Global oil prices surged past $81 per barrel due to US sanctions on Russian oil, impacting fuel retailers and raising inflation fears. India may shift towards Middle Eastern and Am...

Global Oil Prices Surge Following US and UK Sanctions on Russian Energy Giants

Crude oil prices increased as markets responded to new sanctions by the US and UK on Russian oil companies Gazprom Neft and Surgutneftegas, with significant financial impacts antic...

Gazprom Neft Condemns US Sanctions as Unjustified and Illegitimate

Gazprom Neft criticizes the US for imposing sanctions, calling them unjustified and against free competition. The company had anticipated such actions and has been preparing accord...

Siluanov Warns: Trump's Presidency Could Reshape Global Economy Impacting Russia

Russian Finance Minister Anton Siluanov discusses the potential global economic shifts under Trump's presidency and its implications for Russia, alongside the Russian government's ...