The measures aim to crack down on Iran’s shadow banking system and Chinese purchases of Iranian oil.
Category: Iran
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First Fully Loaded L.N.G. Tanker Since War Began Appears to Have Crossed the Strait
Liquefied natural gas transit has been effectively halted. A ship managed by Abu Dhabi’s state oil company managed to cross, said Kpler, a maritime data firm.
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Oil Prices Jump Again as U.S.-Iran Talks Appear Deadlocked
Investors parsed reports that President Trump told advisers that he was not satisfied with Iran’s latest proposal to reopen the Strait of Hormuz.
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The World Needs Natural Gas Now, but the U.S. Is Exporting All It Can
Even the largest global supplier of liquefied natural gas can’t make up for the shortfall since the war in Iran cut off an important source.
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The U.S. Started the War. The Rest of the World Is Feeling the Effects.
In just eight weeks, much of the global economy has been knocked sideways. America has mostly been spared from the tumult.
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Muted Reaction as Oil and Stock Markets Reopen
Oil prices rose and stocks fell after President Trump called off a trip to Pakistan by two U.S. negotiators for peace talks with Iran.
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The Peril of Piloting Ships Through the Strait of Hormuz
Controllers for shipping companies face a daunting decision as they try to free vessels trapped in the Persian Gulf: “Basically you’re sending someone unarmed into war.”
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Why Diesel Has Become a Much Bigger Economic Problem Than Gasoline
The war in Iran has disrupted supplies of diesel, used to power trucks and heavy equipment, much more than gasoline, which is primarily used in passenger cars.
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Oil Prices Climb as Cease-Fire Uncertainty Deepens
Investors wrestled with uncertainty about the cease-fire between the United States and Iran.
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Oil Prices Creep Up as Investors Weigh Cease-Fire Extension
Oil prices stablized as investors scrambled to make sense of President Trump’s decision to extend the cease-fire with Iran
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Hoarding Is Driving Energy Prices Higher Everywhere
As wealthy nations scramble to secure stocks of oil, the result is higher prices for all and shortages in vulnerable countries.