US Extends Russian Oil Sanctions Waiver to Stabilize Global Energy Markets
US Treasury Secretary Scott Bessent announces a 30-day license for stranded Russian oil to stabilize markets amid surging energy prices linked to the Iran war.
Russian Oil
Hungary Blocks €90bn EU Ukraine Loan Amid Oil Dispute with Kyiv
Hungary vows to block a €90bn EU loan to Ukraine until oil flows resume via the Druzhba pipeline, escalating tensions over energy security and EU unity.
UK Expands Sanctions on Russian Oil Tankers, Impacting Global Energy Markets
The UK imposes its largest sanctions on Russian oil and LNG vessels, targeting 22 tankers in moves that could have significant implications for global energy markets and Asia’s energy security.