War brings US close to net crude exporter for first time since WWII

[ad_1] The US nearly turned into a net crude exporter last week for the first time since World War II as shipments surged close to a record high to meet demand from Asian and European buyers scrambling to replace West Asian supplies cut by the Iran war.Refiners in Asia and Europe that depend on those […]

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Trump sanctions hit! Indian nationals among 50 entities sanctioned by US for facilitating Iran oil, LPG exports; here’s what’s happened

[ad_1] The United States on Thursday imposed a new round of sanctions accusing individuals and entities of helping Iran export oil and liquefied petroleum gas (LPG). A release by the US department of the treasury’s office of foreign assets control (OFAC) announced sanctions on over 50 individuals, companies and vessels for their alleged roles.According to […]

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