Bessent's sweeping sanctions against Iran send oil prices to their biggest drop in 3 weeks, while fueling hopes of de-escalation
What matters more for oil prices is how hard U.S. sanctions hit China, Iran's biggest oil buyer, and whether Beijing pushes back.
U.S. Says Oil Is Pouring Through Hormuz. Trackers Can't Find It.
Firms that count ships, oil output and imports aren't able to verify U.S. claims about the volume of oil getting through Iran's chokehold.
The Tiny California Company Racing Into Venezuela Faster Than Big Oil
