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Keywords: Oil exports


Syria resumes oil exports after 14 years, marking a pivotal economic milestone

Syria has exported 600,000 barrels of heavy crude oil from the port of Tartus, marking its first official oil shipment in 14 years. This historic development follows the lifting of U.S. sanctions in June, after the removal of former President Bashar al-Assad in December 2024. The move signifies a critical......

Washington imposes sanctions on Iranian-linked shipping fleet tied to regime elite

The U.S. government announced on Wednesday a sweeping new round of sanctions against Iran, targeting over 50 individuals, entities, and more than 50 ships allegedly connected to a commercial fleet controlled by the son of a prominent Iranian official. In what it described as the “largest Iran-related......

Short Title: U.S. Sanctions Disrupt Russian Oil Supply to Asia

New sanctions imposed by the U.S. on Russian oil producers and vessels are expected to significantly impact Russia's oil exports, forcing China and India to source more oil from the Middle East, Africa, and the Americas. This shift is expected to drive up oil prices and freight costs, traders and......

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