US places sanctions on Chinese refinery over Iran oil purchases

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the White House Watch newsletter for free Your guide to what the 2024 US election means for Washington and the world The Trump administration has imposed sanctions on a Chinese refinery for buying Iranian crude oil, as Washington increasingly pushes Beijing to rein in oil purchases from the country to increase the … Read more

Growth in oil demand expected to slow sharply as a result of Trump’s tariffs

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Growth in oil demand is expected to slow sharply this year because of the negative impact of US tariffs on trade, the International Energy Agency has warned in its first forecast since Donald Trump’s … Read more

Vladimir Putin’s war chest under threat as oil prices slide

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. A recent plunge in oil prices, prompted by Donald Trump’s trade war, has started to deplete Vladimir Putin’s war chest. Moscow’s budget — about a third of which comes from oil and gas … Read more

Oil price plunge puts US shale production in peril

https://www.profitableratecpm.com/iusqb371?key=524179d49127ed1d5256afb46b8c3cc2 [ad_1] US shale oil producers are facing their gravest threat in years, as a sudden crude price sell-off triggered by Donald Trump’s trade war has pushed parts of the sector to the brink of failure, executives have warned. US oil prices have fallen 12 per cent since Trump’s “liberation day” tariff announcement last week, … Read more

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