Oil prices extend gains after EU bans most Russia oil imports
- 31-May-2022
Oil prices extended gains on Tuesday after the EU agreed to slash oil imports from Russia, fuelling worries of a tighter market already strained for supply amid rising demand ahead of peak U.S. and European summer driving season. Brent crude futures for July, which expires on Tuesday, gained 33 cents to $122 a barrel at […]
US pushes allies to halt Iran oil imports, waivers unlikely
- 27-Jun-2018
WASHINGTON: The United States has told countries to cut all imports of Iranian oil from November and is unlikely to offer any exemptions, a senior State Department official said on Tuesday as the Trump administration ramps up pressure on allies to cut off funding to Iran. U.S. President Donald Trump in May said his administration […]