
Iran is pitching its oil to Asian buyers outside China, contacting India, South Korea, and Japan, as the United States issued a temporary two-month waiver allowing Iranian oil sales, including in U.S. dollars, until August 21. As part of the 14-point memorand…
Goldman Sachs says a shift spurred by the Iran War and its disruption to energy markets will put downward pressure on crude prices through 2027.
Goldman Sachs says a shift spurred by the Iran War and its disruption to energy markets will put downward pressure on crude prices through 2027.

The reopening of Hormuz may stabilize global oil markets, reducing geopolitical risks and potentially lowering WTI crude prices. The post India resumes Mideast oil imports as Hormuz reopens, easing WTI price concerns appeared first on Crypto Briefing.

The Trump administration imposed sweeping sanctions on Russian oil majors Rosneft and Lukoil on October 22, 2025, targeting Moscow’s revenue for the Ukraine war. Oil prices surged dramatically, with Brent crude exceeding $140 per barrel and U.S. West Texas In…

Global oil inventories are falling at an accelerated rate, Goldman Sachs has warned, noting April draws from inventories had run at double the rate until the end of March. Since the start of May, global draws from inventories have been running at 8.7 million …

Oil producers across the Americas have responded to the disruption in the Gulf by increasing output and exports.
Washington remains deeply divided over the latest US sanctions waiver for Russian oil, which allows at-risk nations to buy Russian shipments already loaded at sea, as disruptions tied to the US-Israeli confrontation with Iran roil global energy markets.
The US Treasury Department has extended for another 30 days a sanctions waiver allowing at-risk countries to purchase Russian oil shipments at sea, as supply disruptions linked to the US-Israeli conflict with Iran continue to roil global energy markets.
Statkraft delivered strong results in the first quarter of 2026, driven by significantly higher Nordic power prices despite lower production. In addition, there were improved results from Markets’ activities.
Asia faces economic challenges as a West Asia conflict disrupts energy markets. This shock impacts inflation and growth across the region. India, a major energy importer, is particularly affected. Governments are implementing measures to ease the burden. Cent…