Tag: sanctions

June 27, 2022

Although most European nations have been making great strides towards a greener energy mix, it’s fair to say that Russia’s recent actions have accelerated the continent’s renewable energy plans. Over the past month, the European Union has agreed to ban […]

March 10, 2022

Russia’s invasion of Ukraine and ensuing sanctions may have a limited immediate impact on the U.S. nuclear industry, despite its reliance on uranium imports. Potential implications over the longer term, however, require urgent action, officials from the Nuclear Energy Institute […]

June 11, 2020

Two United States Senators, Republican Ted Cruz of Texas and Democrat Jean Shaheen of New Hampshire, introduced legislation last week that would place sanctions on any company attempting to finish laying the pipe needed to complete the last 100 miles […]

September 18, 2019

President Donald Trump said Wednesday he ordered the Treasury Department to “substantially increase” sanctions on Iran. Trump’s announcement follows strikes Saturday on the world’s largest crude-processing plant and oil field in Saudi Arabia. The U.S. accused Iran of carrying out […]

July 18, 2019

Topline: Iran’s Revolutionary Guard said Thursday it seized a foreign oil tanker in the Persian Gulf, driving up oil prices and further escalating regional tensions, especially following two tanker attacks occurring off the country’s coast since May and a cessation […]

June 24, 2019

Oil traders are under-prepared for another flare-up in U.S.-Iran tensions, energy analysts have told CNBC, as President Donald Trump’s administration prepares to impose “major ” new sanctions on the Islamic Republic. Six oil tankers and a U.S. spy drone have […]

June 4, 2019

Amid rising tension between Washington and Tehran, markets must also add into the mix the loss of barrels from sanctions-hobbled Iran and crisis-hit Venezuela, now also targeted by US sanctions. Brent crude was up 33pc since the turn of the […]

April 29, 2019

Waivers that allowed certain countries to continue importing Iranian oil without penalty will end next month, leading to a game of chicken between the Trump administration and some of the world’s largest economies. According to the White House announcement on […]

January 24, 2019

Global oil markets are facing an uncertain year with slowing global growth driving less global demand for oil while the supply picture looks unclear with production cuts by OPEC and Russia potentially counteracted by the growth in U.S. shale oil […]