Oil - Page 3

Seemingly under intense pressure from China, Iran’s terrorist Islamic Revolutionary Guard Corps (IRGC) modified its threats to close the vital Strait of Hormuz to worldwide oil shipping, claiming that it would only attack American, Israeli, and European ships.

Russia said Tuesday that President Vladimir Putin plans to relay concerns from Gulf Arab leaders to Tehran over Iranian strikes on regional oil infrastructure, as Moscow seeks to use its dialogue with Iran to help ease escalating tensions between countries that include fellow BRICS members Russia, Iran, and the United Arab Emirates.

President Donald Trump on Tuesday said the United States Navy will escort oil tankers through the Strait of Hormuz if necessary and directed the U.S. International Development Finance Corporation to provide war-risk insurance for maritime shipping in the Persian Gulf

China is pleading with Iran to keep the Strait of Hormuz open for oil shipments, but the terrorist Islamic Revolutionary Guard Corps (IRGC) insisted on Monday that any ship attempting to pass through the strategically vital strait will be “set ablaze.”

Venezuela experienced a sharp increase in its oil exports in February following the arrest of deposed socialist dictator Nicolás Maduro, Bloomberg News reported on Monday.

The Iran war hit markets hard Tuesday morning.

President Donald Trump touted the results of his energy policies in Corpus Christi, Texas, on Friday, including falling gas prices, increased oil and natural gas production, and rising liquified natural gas exports.

President Donald Trump announced during his annual State of the Union address on Tuesday night that the United States has received 80 million barrels of oil from the socialist rogue state of Venezuela this year, a development made possible by the arrest of its dictator, Nicolás Maduro.

The Reuters news agency reported this weekend, citing 11 different anonymous sources, that the Cuban Communist Party has begun withdrawing its agents in the country, including both “security advisers” and slave doctors from Venezuela.

Far-left President of Colombia Gustavo Petro on Sunday acknowledged that the Ocean Mariner, an oil tanker intercepted by the U.S. Coast Guard near Cuban waters this month, had loaded fuel in Colombia.

India on Friday joined the Pax Silica framework, a U.S.-led effort to create a secure supply chain for critical technologies that would be immune to meddling from China. India’s membership had been in doubt due to trade tensions with the United States under President Donald Trump.

Cuban Foreign Minister Bruno Rodríguez met with his Russian counterpart, Sergey Lavrov, on Wednesday.

Iran’s Islamic Revolutionary Guard Corps (IRGC), a designated terrorist organization, closed the strategically vital Strait of Hormuz for a few hours on Tuesday to conduct live-fire naval drills.

A report in a Kremlin-friendly publication claimed that the Russian government is “expected” to send oil to Cuba.

Russian Foreign Minister Sergey Lavrov complained on Wednesday that America is “discriminating” against other countries in its handling of Venezuela’s oil industry following the arrest of narco-terrorist socialist dictator Nicolas Maduro.

The largest airlines in Canada announced on Monday and Tuesday that they would be suspending flights to Cuba for the immediate future as a result of the Castro regime announcing it no longer had any jet fuel.

Mexico, China, and Russia vowed to provide assistance to the ailing Cuban regime this week — but none offering to provide the oil that the ailing communists desperately seek.

The Communist Party of Cuba warned airlines operating in the country that it would soon run out of jet fuel, reports revealed on Monday, potentially lasting through the middle of March.

Chinese Foreign Minister Wang Yi, welcoming his Cuban counterpart Bruno Rodríguez, offered China’s support “to the best of our ability.”

The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) issued a new license Tuesday authorizing the export and sale of U.S. diluents to Venezuela. Diluents are a key fuel needed to produce exportable crude oil grades in the ⁠OPEC country.

Kremlin spokesman Dmitry Peskov said on Tuesday that India has not indicated it will stop buying Russian oil, as claimed by President Donald Trump on Monday.

The United States and India reached a trade agreement that will immediately lower American tariffs on Indian goods to 18 percent while opening India’s market to U.S. energy and other products, President Donald Trump announced Monday.

President Donald Trump signed an Executive Order declaring a national emergency over the threats to America posed by Cuba.

A new license granting U.S. oil companies expanded access to operate in Venezuela was issued Thursday by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC).

President Donald Trump on Thursday directed the opening of commercial airspace over Venezuela, allowing U.S. citizens to travel to the country soon.

Mexican President Claudia Sheinbaum confirmed that her country halted an oil shipment to Cuba slated for the end of this month.

The administration of Ecuadorian President Daniel Noboa on Monday announced a 900 percent increase in tariffs on Colombian oil transiting through its pipeline system, the latest move in an escalating trade dispute.

Chinese state-owned oil company PetroChina told its partners not to buy or trade Venezuelan crude oil ever since the U.S. took control of Venezuelan oil exports earlier this month, according to a report published by Reuters on Tuesday.

On Friday’s broadcast of HBO’s “Real Time,” Sen. John Kennedy (R-LA) stated that, when it comes to Iran, “the generals have told us that, short of sending in a massive number of troops, it will be another Iraq.” Kennedy also

The French armed forces used helicopters to board and capture a Russian ‘shadow fleet’ oil tanker transiting the Mediterranean on Thursday.

Cuba’s communist Castro regime is seeking oil from Africa to offset the oil it is no longer getting from Venezuela’s socialist regime thanks to President Donald Trump’s campaign pressure, the independent outlet 14 y Medio reported on Monday.

Chinese officials are reportedly seeking assurances that its massive loans to Venezuela will be protected after the fall of Nicolas Maduro.

The United States has completed its first sale of $500 million worth of Venezuelan oil, several outlets reported Thursday citing unnamed government sources.

Sen. Markwayne Mullin (R-OK) argued that President Donald Trump’s decision to capture Venezuelan dictator Nicolás Maduro was the “absolute right move” in an exclusive interview with Breitbart News Saturday.

Denmark provided U.S. forces support as they intercepted an oil tanker for violations of sanctions, a Danish government official confirmed.