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U.S. crude oil falls below $71 per barrel, continuing sell-off – CNBC

U.S. crude oil futures fell slightly on Wednesday, trading below $71 a barrel, after plunging in premarket trading on reports that Israel would not attack Iranian oil facilities. The U.S. benchmark fell by more than 4% on Tuesday after Israel told the U.S. it would limit retaliatory strikes to Iranian military targets, a senior Biden […]

Biden-Harris Allowed Iran to Earn $200 Billion in Oil Revenue

The Biden-Harris administration gave the Iranian regime access to $200 billion in oil revenues through lax sanctions enforcement, the Washington Free Beacon reported Monday, citing new government data. . Free Beacon Adam Credo I wrote: The full economic loss due to this sanctions relief has been revealed. Long-awaited US government report About Iran's oil trade. […]

Russia’s shadow fleet of oil tankers grows despite western sanctions | Russia

Russia's shadow oil tanker fleet is expanding, transporting up to 70% of the country's offshore oil, despite Western efforts to rein in Moscow's wartime energy revenues, according to a study. are. The amount of Russian crude being transported in poorly maintained and underinsured tankers has nearly doubled in a year to 4.1 million barrels per […]

Zelensky Presents Oil Painting of War Crimes to Pope

VATICAN CITY (AP) – Pope Francis met with Volodymyr Zelensky in the Vatican on Friday. It was the latest step in the Ukrainian president's trip to Europe to win support for his proposed “Victory Plan” to end the war with Russia. The Pope and Ukrainian leaders held a 35-minute informal meeting. After personal talks and […]

Texas Pemex Deer Park oil refinery chemical release kills two

A chemical release at Pemex's 312,500 barrels per day Deer Park refinery in Texas has killed two people, the county sheriff said. Up to 35 people at the refinery were treated at the plant or taken to area hospitals for exposure to potentially deadly hydrogen sulfide gas, county emergency officials said. A state highway adjacent […]