Summary
The U.S. Treasury designated 16 entities and identified 17 vessels as blocked property due to their involvement in shipments of petroleum and petrochemical products supporting the National Iranian Oil Company.
US expands sanctions to Iran's 'ghost fleet' of oil tankers
Oct. 11 / Gazette “ By Timothy Gardner WASHINGTON (Reuters) -The United States expanded sanctions against Iran's petroleum and petrochemical sectors on Friday in response to an...
Asia-Pacific markets set for lower open as investors weigh China stimulus, oil gains
Oct. 3 / Cnbc / Concerns over Middle East tensions affecting global markets are highlighted, showcasing how geopolitical events ripple through economies. The article effectively links investor sentiment to ongoing conflicts, making it timely and relevant. “ The Tokyo Tower, left, and commercial and residential buildings in Minato district of Tokyo, Japan, on Saturday, Oct. 1, 2022. Photographer: Akio...
Goldman Sachs Sees $20 Upside to Oil Prices on Iran Supply Shock
Oct. 4 / Oil Price / Goldman Sachs' analysis offers a valuable perspective on potential oil price impacts from Iranian supply disruptions, providing quantitative insights that deepen the understanding of market dynamics. The focus on OPEC+ responses adds another layer of analysis. “ International crude oil prices could surge by $20 per barrel if Iran’s oil supply drops in a possible escalation of the Middle East conflict, Goldman Sachs...
Texas congressman asks President Biden to unlock all aid to Israel
Oct. 6 / Wfaa / Congressman Self's urgent call for aid to Israel and enforcement of sanctions against Iran is well-articulated, providing a clear view of the political landscape. The emphasis on military aid and potential Israeli responses adds depth to the discussion. “ DALLAS — Texas Republican Congressman Keith Self says the United States should take all available measures to defend Israel. He and five other House...
Oct. 5 / Brietbart / Helima Croft's commentary sheds light on the shifting landscape of U.S. sanctions enforcement, presenting a nuanced view of the Biden administration's approach. It raises critical questions about Iran's capacity for retaliation, enriching the conversation around international energy security. “ On Friday’s broadcast of CNBC’s “Squawk on the Street,” CNBC Contributor and Global Head of Commodity Strategy for RBC Capital Markets Helima Croft stated...