Energy
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Strait of Hormuz: geography, history and why Asia depends on it
MANAMA, July 13 — The Strait of Hormuz, a narrow waterway that connects the Persian Gulf to the…
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Drone Strikes on Baltic Ports Cut Russian Oil Exports by About $970 Million in a Week
MOSCOW, July 13 — Russia’s oil exports declined by 10% in 2024 compared to the previous year, according…
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US Says 17 Million Barrels Crossed Hormuz as Ship Tracking Shows Far Fewer Vessels
MANAMA, July 13 — The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the wider…
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Treasury Eases Venezuela Oil Sanctions, Routing Payments to U.S.-Controlled Account
WASHINGTON — The ground beneath U.S. sanctions policy toward Venezuela shifted with a single executive order in March…
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Economic Impact: How Shadow Fleet Strikes Affect Global Oil Markets
ROME, July 12 — From the Black Sea to the corridors of global energy markets, a quiet but…
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Strait of Hormuz Explained: Geography, Oil Flows and the 2026 Closure
DUBAI, July 12 — A narrow ribbon of water 21 miles wide is the conduit for roughly one-fifth…
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Oil Rises Only 3% After Iran Declares the Strait of Hormuz Closed
TEHRAN, July 12 — The potential closure of the Strait of Hormuz is sending ripples of concern through…
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Dallas Fed Model: Hormuz Closure Could Push Oil to $98 a Barrel
SINGAPORE, July 12 — The potential closure of the Strait of Hormuz is sending tremors through global energy…
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Iran’s grip tightens on vital global oil chokepoint
TEHRAN — The Islamic Revolutionary Guard Corps Navy has shut the Strait of Hormuz, a move that halts…
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Strait of Hormuz: A Narrow but Critical Global Energy Chokepoint
TEHRAN — Iran’s Islamic Revolutionary Guard Corps Navy announced the closure of the Strait of Hormuz on April…
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Crude Oil Nears $104 as Iran Tensions and Hormuz Tanker Incidents Unsettle Traders
DUBAI, July 11 — The Strait of Hormuz, a narrow waterway connecting the Persian Gulf to the Gulf…
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Russia’s Oil Revenues Rebound, Giving the Kremlin More Time to Fund the Ukraine War
MOSCOW, July 11 — Russia’s oil and gas revenues, which funded roughly 30-40% of the federal budget in…
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Russia Diesel Deal and Lukoil Oil Talks Hand Putin a Political Win, Analysts Say
WASHINGTON, July 11 — The Trump administration is weighing a proposal to impose heavy tariffs on Russian oil,…
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Higher Oil Prices Give Russia More Time to Pay for the War
MOSCOW, July 11 — The shift is already underway in global energy markets, and Russia’s oil sector is…
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Russia’s Fossil Fuel Export Revenue Hits Two-Year High as China and India Keep Buying
MOSCOW, July 11 — Russia’s position as the world’s third-largest oil producer, trailing only the United States and…
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Ukrainian Strikes Hit Russian Fuel Exports as Crude Trade Shifts to Asia
MOSCOW, July 11 — Against the backdrop of shifting global alliances and the steady recalibration of energy flows…
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Secondary Tariffs on Russian Oil Buyers Could Ripple Through US Supply Chains
ROME, July 10 — The proposed US tariffs on Russian oil represent a shift in the mechanics of…
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Strait of Hormuz Traffic Collapsed in March 2026 as Conflict Hit Oil Chokepoint
DUBAI, July 10 — Approximately 21 million barrels per day of crude oil and petroleum products transited the…
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Strait of Hormuz Ship Tracking Shows Far Fewer Crossings Than US Claims
LONDON, July 10 — For all the noise about energy transition, the salient point remains that the world’s…
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Trump Signs Russia Sanctions Law Allowing Tariffs of Up to 100% on Energy Buyers
WASHINGTON, July 10 — The prospect of heavy US tariffs on Russian oil, a tool the Trump administration…
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Trump Administration Backs Bipartisan Bill Imposing Heavy Penalties on Buyers of Russian Oil
WASHINGTON, July 10 — The shift is quietly underway. Heavy tariffs on Russian oil are being floated in…
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New US Law Threatens Tariffs on Russian Oil Buyers as Brent Tops $100
WASHINGTON, July 10 — The figure that matters for American drivers is 25 cents. If Brent crude prices…
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Brent Crude Hits $123 a Barrel as Hormuz Disruption Squeezes Global Supply
LONDON, July 10 — Against the backdrop of escalating trade tensions between Washington and Moscow, the global oil…
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Ukraine’s Drone Campaign Reaches Russia’s Largest Refinery in Siberia
MOSCOW, July 7 — A strike on the Omsk refinery has introduced a new variable into Russia’s domestic…
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