The US ended its temporary easing of sanctions on Russian oil, a move that had bolstered Russia's revenues amid global energy price volatility and geopolitical tensions.
Iran mandates detailed vessel information for tanker passage through the Strait of Hormuz amid geopolitical tensions and potential transit fees, impacting global oil trade dynamics.
The US will not extend sanctions exemptions allowing purchases of Russian and Iranian oil products at sea, tightening energy restrictions amid geopolitical tensions and economic consequences.
Slovakia will block the EU’s 20th sanctions package on Russia until its oil supply through the Druzhba pipeline via Ukraine is restored, highlighting energy security tensions.