Keywords: Oil
The United States is preparing new sanctions against Russia’s energy sector in case President Vladimir Putin rejects the latest peace proposal aimed at ending the war in Ukraine. According to reports, the measures would target a network of vessels and intermediaries involved in transporting Russian......
Former US president Donald Trump announced a new escalation in tensions with Venezuela by ordering a blockade targeting oil tankers subject to American sanctions. The announcement was made on Tuesday through his social media platform, marking a significant hardening of Washington’s stance toward......
Global oil prices have plunged to their lowest level in four years, driven by renewed hopes for peace talks between Russia and Ukraine and mounting concerns about a worsening supply glut. Brent crude slipped below 60 dollars a barrel, while West Texas Intermediate traded near 56 dollars, as markets reacted......
Ukraine has intensified its long-range drone campaign by striking a Russian oil platform in the Caspian Sea for the third time in a week, signalling an escalating effort to cripple Moscow’s energy infrastructure. The attack targeted the Korchagin production platform, one of several operated by......
Morocco has introduced a new government decree to tighten control over the quality and safety of vegetable oils and fats intended for consumption. This initiative seeks to modernize outdated regulations, protect consumers, and align national standards with international benchmarks. The decree applies......
Oil prices dipped as fears of excess supply overshadowed geopolitical tensions, which have long shaped market sentiment. Despite ongoing uncertainties linked to the war in Ukraine, traders shifted their focus to the growing imbalance between global oil production and consumption. Benchmark Brent crude......
Ukraine has carried out its first attack on a Russian oil platform in the Caspian Sea, signaling a significant escalation in its campaign to hit Moscow’s economic lifelines supporting the war effort. Security officials in Kyiv confirmed that long-range drones targeted the Filanovsky platform operated......
Libya is preparing for a major milestone in the revival of its energy sector. For the first time in nearly eighteen years, the National Oil Corporation (NOC) is set to reveal, in early 2026, the companies selected to receive new oil and gas exploration licenses. The announcement was confirmed by NOC......
Ukraine carried out another targeted drone attack against Russia’s Ryazan oil refinery overnight, intensifying its ongoing strategy to weaken Moscow’s energy production network. The strike, the ninth of this year on the facility, triggered explosions and a fire at what is considered one of......
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