China's Teapot Refiners Poised to Ramp Up Iranian Oil Buying By Tsvetana Paraskova of OilPrice.com China’s independent refiners are likely to return to buying higher volumes of Iran’s crude oil this month as stockpiles in Shandong, home to the independent Chinese refiners, have dropped to the lowest level this year…
China's Teapot Refiners Poised to Ramp Up Iranian Oil Buying By Tsvetana Paraskova of OilPrice.com China’s independent refiners are likely to return to buying higher volumes of Iran’s crude oil this month as stockpiles in Shandong, home to the independent Chinese re…
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Iran’s Islamic Revolutionary Guard Corps Navy reported late Saturday that two oil tankers were burning after striking naval mines in and near the Strait of Hormuz. The IRGC stated that the vessels had switched off their navigation and positioning systems and attempted to use an unauthorized route.
The group accused both ships of multiple violations, specifying that one was hit east of the strait and the other inside it.
Latvian farmers are protesting Russian grain transit, arguing that it helps fund Moscow’s war in Ukraine.
Zero Russian diesel has reached the US as tankers divert and buyers fear legal action.
Slovakia's prime minister stated that the country may sue the EU if it bans Russian oil supplies. He also criticized the European Commission for inaction regarding efforts to reduce electricity prices within the union.