Iraq seen replacing Russia as India’s top source of crude
India has pivoted back to Iraq for its crude oil supplies with Russian imports held up by the Red Sea shut-in as well as the threat of US sanctions. Data from Kpler shows India has […]
India has pivoted back to Iraq for its crude oil supplies with Russian imports held up by the Red Sea shut-in as well as the threat of US sanctions. Data from Kpler shows India has […]
Although the immediate effects of the Houthi attacks have not made a significant impact on the price of oil, the longer trade is disrupted and conflict is allowed to persist, the higher the chance will […]
Iran’s Supreme Leader Ayatollah Khamenei gave his official approval to a new 20-year comprehensive cooperation deal between the Islamic Republic of Iran and Russia. The agreement will replace the 10-year-deal signed in March 2001 and […]
The Pakistani government has condemned an alleged Iranian missile strike in the Balochistan province on Tuesday, claiming it has caused civilian casualties. Islamabad said it would lodge a protest with Tehran over the “unilateral action” […]
New Delhi has called the Houthi attacks on merchant vessels a “matter of great concern” for the international community Indian Foreign Minister Subrahmanyam Jaishankar, who was in Tehran for a two-day visit, has said that […]
The US-led group hit almost all targets but knocked out only about 25% of the militia’s assets, the report claims The US-led strikes on alleged positions of Houthi militias in Yemen have failed to significantly […]
Traders are purchasing call option spreads on Brent Crude, betting that oil prices will hit $110 per barrel by the end of March and April, with bets equivalent to around 30 million barrels. Current market […]
DUBAI, Jan 11 (Reuters) – Iran seized a tanker with Iraqi crude destined for Turkey on Thursday in retaliation for the confiscation last year of the same vessel and its oil by the United States, […]
BRICS members Russia and Iran have officially abandoned the SWIFT payment system for cross-border transactions. The two countries will initiate payments to settle international trade using direct bank transfers. SWIFT payment system is no longer […]
The weaponization of the US Dollar and sanctions directly impact energy prices and are a major contribution to the potential pending wars. George McMillan, Founder and CEO of G3Strat Group, a geopolitical historian and current […]
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