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Keywords: Oil trade
Iran has sharply criticized the latest round of U.S. sanctions targeting a fleet of oil tankers and container ships allegedly operated by the son of a key political advisor to Supreme Leader Ayatollah Ali Khamenei. Foreign Ministry spokesman Esmaeil Baghaei described the measures as “malicious,”......
In 2024, global crude oil exports experienced a 2% decline, marking the first decrease since the COVID-19 pandemic, according to shipping data. This reduction is attributed to slower demand growth and significant changes in refinery operations and pipeline routes. The global oil market has faced disruptions......
