U.S. Treasury says Cuba can’t get Russian oil
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US pauses sanctions on some of Iran’s oil
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Iran has effectively closed the critical Strait of Hormuz in retaliation for a joint US-Israeli attack on February 28, but video purportedly showing an American tanker struck by an Iranian missile as
Hopes of a quick capitulation by the Iranian regime are dwindling as drones and missiles continue to rain down across the region
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US moves to legally control tanker and 2M barrels of oil seized off Venezuela’s coast in December
The Justice Department has filed a complaint to legally take ownership of a sanctioned tanker and nearly 2 million barrels of petroleum seized off the coast of Venezuela in December.
The International Energy Agency will hold an extraordinary meeting on Tuesday to discuss a possible release of emergency stockpiles.
The ship was struck near an Emirati port, in the first such attack in five days. The United Arab Emirates also said it was intercepting Iranian drones and missiles.
A ship hauling a million barrels of Saudi crude sailed through the Strait of Hormuz in recent days, one of the first large oil tankers to leave the Persian Gulf since traffic through the vital chokepoint all but halted.