Geopolitics
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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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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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Ukraine Renews Drone Strikes on Russian Oil Refineries, Killing at Least Three
MOSCOW, July 10 — Ukrainian drone strikes on Russian oil facilities have tightened global markets for refined fuels,…
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Economist Sees Trump Iran Talks Echo China Trade War Playbook
WASHINGTON, July 9 — A senior economist is drawing a pointed comparison between the current U.S.-Iran nuclear negotiations…
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Brent Crude Nears $100 as U.S. Strikes Iranian Tankers, Iran Vows Response
WASHINGTON, July 9 — Oil prices are once again in the crosshairs of geopolitics, and the numbers help…
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Brent Crude Jumps to $112.2 a Barrel as Iran Conflict Disrupts Gulf Shipping
LONDON, July 9 — The shift is subtle but significant. Oil markets are recalibrating risk, and the price…
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Crude Oil Nears $104 a Barrel as Iran Tensions and Tanker Incidents Rattle Markets
LONDON, July 9 — Oil prices surged on July 5, 2024, after the United States imposed sanctions on…
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U.S. Strategic Petroleum Reserve Falls to 316.5 Million Barrels as Hormuz Crisis Drags On
WASHINGTON, July 9 — The Strategic Petroleum Reserve, the world’s largest emergency crude oil stockpile, sits at roughly…
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The 1970s Oil Crises and Their Long Economic Shadow
ROME, July 9 — Against this backdrop of simmering tensions across the Middle East and Eastern Europe, the…
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Beyond Oil: Helium, Fertiliser and LNG Also Pass Through the Strait of Hormuz
MANAMA, July 9 — For communities across Asia that depend on imported energy, the Strait of Hormuz is…
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Oil Jumps as US-Iran Ceasefire Collapses and Hormuz Control Is Disputed
WASHINGTON, July 8 — Donald Trump, the 45th and 47th president of the United States, has been a…
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Trump’s Iran ceasefire end sends oil prices surging
WASHINGTON, July 8 — President Donald Trump’s declaration on March 30, 2025, that the ceasefire with Iran is…
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How Oil Markets React to Geopolitical Shocks
NEW YORK, July 8 — By the numbers, the oil market’s memory is long and its reflexes are…
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ECB Study: Oil Supply Shocks Hit US Markets Hard, but Hormuz War Reaction Was Muted
LONDON, July 8 — Oil prices surged 6% today as markets priced in the risk of a major…
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Why Oil Rose Only About 3% When Iran Declared the Strait of Hormuz Closed
MANILA, July 8 — For communities across Asia that rely on stable energy prices to keep their economies…
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Iran War Shuts Strait of Hormuz and Pushes Oil to $119 a Barrel
LONDON, July 8 — For all the noise around the geopolitics of the Persian Gulf, the salient point…
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Chalmers Warns Iran Ceasefire Breakdown Threatens Growth and Inflation
SINGAPORE, July 8 — The global petroleum market is holding its breath, watching a narrow stretch of water…
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Saudi Arabia Reroutes Oil Through Desert Pipeline After Hormuz Closure
MANAMA, July 8 — The Strait of Hormuz remains the world’s most critical oil transit chokepoint, a narrow…
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