Tag: sanctions

The real story is not that China is “back buying everything.” It is that Beijing throttled demand, shifted suppliers, drew inventories, and is now restocking only where landed cost still works — while $1 million-a-day VLCCs make a return to the old full-cycle buying pattern expensive and unlikely.

Clark Savage621

That is the argument Javier Blas is making in his September 23 Bloomberg Opinion column, China Isn’t Buying More Oil, It’s Buying From Different Markets (also framed as “Don’t Believe the Hype About China’s Oil Buying”). The global market treated China’s pre-war appetite as a floor. In 2026 it became a valve. The Blas thesis: […]

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Russia is pushing more crude onto the water just as Saudi Arabia’s last reliable bypass around the Strait of Hormuz goes dark.

Clark Savage557

The question in Washington is whether President Trump will treat that extra Russian oil as a problem to sanction—or as barrels he can use to keep gasoline and diesel from becoming a midterm disaster. That is the market story of September 15, 2026. It is also a political story. Prices jumped because Saudi’s safety valve […]

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Treasury Sanctions Crypto Exchanges Funding Iran’s IRGC and Enabling Illicit Finance – Secretary Scott Bessent Locking Funding Down

Clark Savage727

On August 7, 2026, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) announced sweeping sanctions targeting digital asset exchanges and networks used by the Iranian regime to launder funds, evade sanctions, and support the Islamic Revolutionary Guard Corps (IRGC) and other terrorist groups. The action hits two major platforms exploited by […]

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More Indian Imports Of Venezuelan Oil Wouldn’t Mean That India Is Drifting Away From Russia

Clark Savage328

ENB Pub Note: This article is republished from Andrew Korybko’s Newsletter on Substack, and he brings up some great points. That false narrative might still gain traction, however, due to misguided Russian soft power policies. Indian Ministry of External Affairs Secretary (East) Rudrendra Tandon said during Venezuelan President Delcy Rodriguez’s recent visit that there’s “perfect complementarity” in the […]

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FT Uncovers $90 Billion Russian Oil Smuggling Operation: The Dark Fleet\’s Shadow Over Global Energy

Clark Savage400

In a stunning revelation that underscores the resilience of Russia\’s energy sector amid Western sanctions, the Financial Times has exposed a sprawling smuggling network responsible for moving at least $90 billion worth of Russian crude oil. Dubbed the \”Dark Fleet,\” this shadowy armada of aging tankers and opaque trading entities has been operating for years, […]

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U.S. Seizure of Russian-Flagged Tanker Sends Message to the Shadow Fleet

Clark Savage253

The seizure of the Marinera challenges the legal and practical value of Russia’s effort to shield shadow fleet vessels through rapid reflagging. U.S. actions signal a tougher, more expansive approach to enforcing oil sanctions against Russia, Iran, and Venezuela. The incident risks further diplomatic fallout with Moscow amid already strained negotiations over Ukraine and global […]

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