Oil
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Trump administration sanctions Cuba’s national oil company, blasts Castros
The United States has escalated its “maximum pressure” campaign against Cuba. By sanctioning the state-owned oil and gas company, Unión Cuba-Petróleo (CUPET). U.S. Secretary of State Marco Rubio characterized the…
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China’s Lower Oil Imports Help Stabilize the Global Economy
China Reduces Oil Imports China’s sharp reduction in crude oil imports has helped stabilize global energy markets during the Iran war. According to The Wall Street Journal, Chinese crude imports…
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The timing of the impending crude crisis
At first glance, global oil markets appear to have absorbed the disruption caused by the closure of the Strait of Hormuz better than expected. Oil prices have risen, but they…
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Could Brazilian oil emerge as one of the big winners of the Iran war?
China and India are among the countries that have increased their imports on Brazilian crude oil after the disruptions of the Strait of Hormuz.
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Oil Wavers on Mixed Signals in Middle East Talks
Oil prices and global financial markets reacted sharply on Monday as geopolitical tensions in the Middle East created uncertainty for investors and policymakers alike. While diplomatic signals hinted at possible…
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The Strait of Hormuz: A U.S. – Iran Maritime Flash Point
En: Think TanksStrategic Waterway in the Middle East First, the Strait of Hormuz is a narrow maritime passage connecting the Persian Gulf with the Gulf of Oman, located between Iran and the…