Transportation

US Sanctions Spark Venezuelan Oil Shipping Crisis
Conventional Fuels US Sanctions Spark Venezuelan Oil Shipping Crisis

Intensifying enforcement of United States sanctions has plunged Venezuela's state-run oil company, PDVSA, into a deepening logistics crisis, forcing it to use its own tankers for floating storage as onshore facilities reach their breaking point. This costly and inefficient measure is a direct

Trend Analysis: Fuel Subsidy Reforms
Conventional Fuels Trend Analysis: Fuel Subsidy Reforms

Governments across the globe are increasingly finding themselves walking an economic tightrope, balancing the immense political pressure to provide cheap fuel against the crushing financial weight of unsustainable subsidy programs. Amid persistent fiscal pressures and the unpredictability of global

Brazil Seeks US Help to Target a Major Crime Ring
Conventional Fuels Brazil Seeks US Help to Target a Major Crime Ring

A Transnational Alliance Against Organized Crime Brazil is escalating its fight against sophisticated organized crime by formally requesting U.S. assistance to dismantle a major criminal network deeply embedded in its fuel sector. This enterprise, accused of orchestrating one of the country's

US Opens New Front on China With Oil Seizures
Conventional Fuels US Opens New Front on China With Oil Seizures

A New Era of Maritime Sanctions Enforcement The dramatic interception of the tanker Centuries in the Caribbean on December 20, 2025, signals a profound shift from diplomatic pressure to direct maritime action in the U.S. economic campaign against Venezuela, opening a potent new front in its

Will Washington Approve a Saudi Bid for Lukoil?
Conventional Fuels Will Washington Approve a Saudi Bid for Lukoil?

A complex geopolitical ballet is unfolding as a Saudi Arabian energy firm attempts to acquire the sprawling $22 billion global empire of a sanctioned Russian oil giant, placing the decision squarely in the hands of U.S. regulators. At the center is Midad Energy, a Saudi firm whose success or

Oil Prices Tumble Amid Supply Glut and Weak Demand
Conventional Fuels Oil Prices Tumble Amid Supply Glut and Weak Demand

The global energy market has been sent reeling as oil prices plunged to their lowest point since February 2021, a dramatic downturn driven by the powerful confluence of burgeoning supply and rapidly deteriorating global demand. This sharp decline, which saw Brent crude futures fall below the

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