The U.S. Treasury said on Thursday it is imposing new sanctions on a few individuals and tankers helping to ship millions of barrels of Iranian crude oil per year to China, in an incremental move to ...
Despite's Trump's reiteration, Giovanni Staunovo, analyst at UBS, said, "There is no indication of accelerating U.S. drilling activity," and he added that he was surprised by the market reaction.
The Trump Administration has taken its first sanctions move against Iran, blacklisting shipowners, managers and a VLCC captain for their role in the “shadow” fleet tankers. The move also added three ...