84 m. ago Trump’s blockade of sanctioned Venezuelan oil raises new questions about legality

WASHINGTON (AP) — President Donald Trump’s “blockade” of sanctioned oil tankers off Venezuela’s coast is raising new questions about the legality of his military campaign in Latin America, while fueling concerns that the U.S. could be edging closer to war. A blockade is illegal outside of warfare and would be considered an act of aggression. […]

Events

24 h. ago Oil Gains With Venezuelan Blockade, Russian Sanctions in Focus

Oil extended gains after bouncing off a four-and-a-half-year low, as investors weighed geopolitical risks from Venezuela to Russia against a still-bearish supply outlook.

Events

43 h. ago Asian shares gain, while oil prices jump as Trump orders a blockade of oil tankers to Venezuela

BANGKOK (AP) — Asian shares advanced on Wednesday as strong buying of technology shares helped lift some benchmarks, while oil prices surged more than 1% after President Donald Trump ordered a blockade of all “sanctioned oil tankers” into Venezuela. Trump’s move followed the seizure by U.S. forces last week of an oil tanker off Venezuela’s […]

Economics

47 h. ago Oil Gains After Trump Orders Blockade of Tankers Off Venezuela

Oil advanced from the lowest level since 2021 after President Donald Trump ramped up pressure on Venezuela by ordering a blockade of sanctioned tankers off the South American nation.

Other

3 d. ago Middle East Oil Market Weakens as Glut Concerns Gain Traction

The Middle Eastern oil market has weakened in recent weeks on concern that regional supplies will outstrip demand, adding to signs of a softening global picture that’s weighed on benchmark crude futures.

Other

8 d. ago Oil Extends Gain as US Seizure of Venezuelan Tanker Adds to Risk

Oil extended gains after the US seized a sanctioned tanker off Venezuela, deterring more shipments from the South American producer and raising the risk of a conflict.

Other

8 d. ago Oil Erases Early Advance on US Tanker Seizure as Equities Drop

Oil erased an early gain as the US seized a sanctioned tanker off Venezuela, tracking wider losses in equities and other risk assets.

Other

8 d. ago Large Indian Refiners Take Russian Oil as Reliance Avoids Trade

Four out of India’s seven largest refiners are now in the market for Russian crude as deep discounts push buyers to seek out non-sanctioned barrels, even as heavyweight Reliance Industries Ltd. stays away.

Economics

9 d. ago UK sanctions Russian and Chinese firms suspected of being ‘malign actors’ in information warfare

LONDON (AP) — Britain announced sanctions against Russian media and ideas outlets on Tuesday as the U.K’s top diplomat warned Western nations must raise their game to combat information warfare from “malign foreign states.” Foreign Secretary Yvette Cooper said the U.K. was imposing sanctions on the microblogging Telegram channel Rybar, the Foundation for the Support […]

Economics

9 d. ago Germany to Tweak Local Rosneft Trusteeship to Avert US Sanctions

Germany plans to tweak the system that controls the local assets of Rosneft PJSC to ensure it is complying with the tougher US sanctions imposed on the Russian oil company last month.

Events

9 d. ago Russian Crude Output Lags OPEC+ Quota on Sanctions and Attacks

Russia’s crude oil output last month was well below its OPEC+ quota, as the country struggled to find buyers for its sanctioned barrels and Ukrainian drone attacks hampered refineries.

Events

1 week ago Russian LNG Plant in Baltics Sends First Sanctioned Gas to China

A Russian liquefied natural gas export facility delivered its first shipment to China since being sanctioned by the US in January, the latest sign of increased energy cooperation between Beijing and Moscow.

Events

2 w. ago UK sanctions Russian spy agency over 2018 nerve agent attack

A British inquiry found that Russian President Vladimir Putin was responsible for a nerve agent attack on British soil in 2018, leading the U.K. to sanction a Russian spy agency.

Events

2 w. ago Putin, Orban Discuss Fate of Russia’s Sanctioned Oil Refineries

President Vladimir Putin and Hungarian Prime Minister Viktor Orban met at the Kremlin on Friday to discuss the fate of sanctioned Russian refineries that have triggered concerns about fuel shortages across eastern Europe.

Politics

3 w. ago Orban Meets Vucic as Hungary Eyes Russia’s Sanctioned Refineries

Hungarian Prime Minister Viktor Orban and his top diplomat have been on a whirlwind tour of central Europe with an eye to snap up sanctioned Russian-owned refineries.

Events

3 w. ago Romania Ready to Impose Oversight of Companies Hit by Sanctions

Romania will set up a mechanism to place companies at risk of being hit by international sanctions under special oversight, such as the local unit of Russian state-owned Lukoil PJSC, a cabinet member said.

Economics

3 w. ago Russian Tanker Idles Near Venezuela After US Warship Enters Path

A sanctioned Russian oil tanker made a U-turn on the way to Venezuela after a US warship intersected its route near the country’s coast, according to Bloomberg tanker tracking, raising questions about whether Washington could step in to curtail Moscow’s energy aid to Caracas.

Other

4 w. ago Lukoil’s Iraqi Oil Keeps Flowing as Baghdad Takes Over Sales

Oil from Lukoil PJSC’s share of a field in Iraq is continuing to flow to global markets, alleviating concerns about supply disruption in the wake of sanctions on the Russian energy giant.

Other

4 w. ago New sanctions target Russian web hosting service over suspected ransomware operations

WASHINGTON (AP) — The United States, Britain and Australia announced sanctions Wednesday against a Russia-based web hosting service for allegedly running ransomware operations that are meant to help criminals evade detection by law enforcement. Media Land, which officials said is among the companies that sell access to servers and other computer infrastructure and enable such […]

Events

4 w. ago Russian Oil Cargoes Race to India as Sanctions Deadline Nears

The clock is ticking for India-bound tankers carrying millions of barrels of crude from blacklisted Russian suppliers Rosneft PJSC and Lukoil PJSC, with a wind-down period for US sanctions set to end this Friday.

Events