Category
global oil trade
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Read More... US Accuses China of Funding Iran Amid Hormuz Crisis
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By Abhishek Joshi
US accuses China of funding Iran through oil imports amid Strait of Hormuz tensions, urges support to reopen key shipping route.
Read More... US May Allow India to Import Venezuelan Oil Under Supervision: Report
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By Nitin Trivedi
The United States may permit India to resume importing crude oil from Venezuela under specific conditions and close US supervision, according to media reports citing a senior official from the Trump administration. If approved, the move would mark a significant shift in Washington’s sanctions policy and could reopen a key energy supply route for India that was blocked due to US restrictions.
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