UK Eases Russian Fuel Sanctions Amid Energy Crisis
The United Kingdom government has relaxed some sanctions on Russian fuel imports as rising global energy prices, driven by tensions in the Middle East, continue to pressure markets. Under a new trade licence that took effect immediately, the UK will allow imports of Russian crude oil refined in third countries, including India. The Department for […]
Iran Threatens Oil Blockade Amid U.S.-Israel Strikes
Iran has warned that it could block crude oil shipments from the Middle East if military attacks by the United States and Israel continue, escalating tensions in a conflict that has already unsettled global energy markets. The country’s elite Islamic Revolutionary Guards Corps (IRGC) said Tuesday that it would prevent oil exports from the region […]
