The Iran-flagged Adrian Darya 1, new name for the captured Grace 1 oil tanker, has been detained for a month for allegedly attempting to breach European Union sanctions by shipping oil to Syria, a charge denied by Tehran. … [Read more...] about Iran warns U.S. against new attempt to seize oil tanker
Iran oil tanker
Tensions have soared since the U.S. airstrike earlier this month that killed Gen. Qassem Soleimani, Iran’s top general and the architect of its regional military activities. Iran responded by firing ballistic missiles at U.S. troops in Iraq, without wounding anyone, and accidentally shot down a Ukrainian jetliner near Tehran, killing all 176 on board. … [Read more...] about U.S. warns vessels transiting Gulf amid tensions with Iran
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"In fact even in high risk to supply scenarios such as oil-based sanctions on Venezuela, market participants have frequently focused on 'how quickly would Venezuela's production come online post-regime change', instead of asking 'for how long and by how much is the supply disruption going to tighten global oil markets'." … [Read more...] about As Middle East tensions boil over, why isn’t oil surging back to $100 a barrel?
Attacks on oil tankers have ratcheted up tensionsMr Trump's decision to cancel what he said was a planned attack on three sites suggests he wants a diplomatic solution to end weeks of festering tensions with Iran, which Washington accuses of a spate of attacks on oil tankers in the Gulf region. … [Read more...] about What happened in the crucial ten minutes before Trump stopped war with Iran?