Tag: global oil markets

Iran’s oil exports reportedly fall to zero as war and sanctions deepen economic pressure

Iran’s oil exports reportedly fall to zero as war and sanctions deepen economic pressure

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Iran is facing a serious economic challenge as its oil exports have reportedly fallen to zero amid renewed military tensions, international sanctions, and growing restrictions on access to foreign currency. According to remarks attributed to Iran’s Central Bank Governor Abdolnaser Hemmati, the country is no longer exporting oil, creating another major pressure point for an […]

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Trump Claims US Will Direct Venezuela’s Interim Leadership and Control Oil Sales Without Time Limit

Trump Claims US Will Direct Venezuela’s Interim Leadership and Control Oil Sales Without Time Limit

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US President Donald Trump has declared that Washington will exert decisive influence over Venezuela’s interim leadership and take long-term control of the country’s oil sales following the removal of President Nicolas Maduro. The announcement marks an aggressive assertion of American authority over the oil-rich South American nation, even as Venezuela’s interim leader Delcy Rodriguez publicly […]

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