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Former U.S. State Department Sanctions Policy Chief Richard Nephew and MIT Securities Studies Program Researcher James Walsh examine the state of nuclear negotiations with Iran, the impact of global sanctions against the nation and what can be expected from an agreement. They speak on “Bloomberg Markets.” (Source: Bloomberg)
All aspects of the oil business have come under the growing influence of the Guards, from the "shadow fleet" of tankers that secretively ship sanctioned crude, to logistics and the front companies selling the oil, mostly to China.
Saudi Arabia Is Losing Its Iron Grip on Global Oil Markets
When Ukraine cuts off Russian gas shipments via its pipelines, the European Union will face major shortages – but few as bad as in tiny Moldova.
Texas Attorney General Ken Paxton said that over several years, the firms used their influence to pressure coal companies to reduce their output.
China’s demand for oil, long an important driver of global oil demand growth, slowed dramatically during January–September 2024. Between 2000 and 2023, China accounted for 50 percent of...