Trump to decide soon on lifting sanctions for Chinese firms buying Iranian oil, impacting global oil supply dynamics.
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The U.S. imposes sanctions on 11 entities, including Chinese firms, for aiding Iran's military procurement efforts.
“We will not allow the Iranian government to increase its oil revenue for the purpose of reconstituting its armed forces and…
Tehran’s closure of key oil chokepoint after US-Israel war triggers global economic concerns
US issues 30-day licence to allow stranded Russian oil shipments, aiming to stabilise crude markets and ease global supply…
Trump demands gasoline retailers reduce prices immediately, warning of serious consequences if they fail to comply.
Crude oil futures drop over 4% as Trump announces an Iran peace deal, signaling potential increased oil flow.
