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newser.comBrent crude futures climbed more than $1 a barrel to $81.66 by 22:06 GMT Sunday. Markets assessed the effect of the recently signed U.S.-Iran agreement on oil supplies.
dimsumdaily.hkPresident Trump signed a 60-day ceasefire memorandum with Iran that directs the Treasury Department to waive sanctions on Iranian crude oil, petroleum products and derivatives. The agreement also provides for conditional unfreezing of funds and a $300 billion construction fund.
Swedish officials presented data showing Russia’s economy shrank while Moscow reported expansion. The analysis also points to understated inflation and rising domestic pressure on the Kremlin.
The Kyiv IndependentThe United Kingdom on May 19 issued licenses permitting imports of diesel and jet fuel made from Russian crude processed in third countries. A separate license covers maritime transport of LNG from two Russian terminals until January 2027.
tfipost.comPremier Xi Jinping will host President Donald Trump on May 14 and 15 as the war in Iran dominates their agenda. China has built the world's largest crude oil stockpile while continuing to import Iranian oil in defiance of U.S. sanctions. Beijing's reserves averaged 360 million ba…
deadline.comEuropean conservative and nationalist figures gathered in Paris under the 'Make Europe Great Again' banner to discuss immigration, support for Israel, and energy policies. Participants backed a planned May 16 rally in London led by Tommy Robinson. The meeting included speeches on…