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LN24 > Blog > oil trade
31
Oct

CENTCOM Commander Says Strait of Hormuz Flowing Again as Iran’s Oil Exports Fall to Zero

  • LN24 / 22 hours
  • 0
  • 2 min read

The United States military says commercial shipping through the strategically important Strait of Hormuz has significantly recovered, while Iran’s oil exports have been brought to a standstill under Washington’s ongoing maritime blockade. US Central Command (CENTCOM) Commander Admiral Brad Cooper says American forces have helped restore the movement of commercial vessels through the critical waterway, […]

US Urges G7 to Hit China and India With Tariffs Over Russian Oil Purchases
13
Sep

US Urges G7 to Hit China and India With Tariffs Over Russian Oil Purchases

  • LN24 / 1 year
  • 0
  • 4 min read

The United States is pushing its G7 allies to impose sweeping new tariffs on China and India, accusing both countries of helping to sustain Russia’s war effort by continuing to import large volumes of discounted Russian crude oil. According to a U.S. policy document Washington is urging the G7 to introduce secondary tariffs ranging from 50 […]