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investing.comU.S. Treasury Renews License for Ship-to-Ship Russian Oil Transfers Until May 16
The U.S. Treasury renewed a license allowing temporary sales of Russian oil at sea, reversing an earlier decision not to extend it. The move aims to ease shortages linked to the Iran war. Indian refiners purchased Iranian crude under a separate one-month U.S. waiver, settling dea…
Senate Approves Short-Term Extension of Surveillance Program Until April 30
The U.S. Senate passed a 10-day extension of Section 702 of the Foreign Intelligence Surveillance Act, averting an imminent expiration after efforts for a longer renewal failed in the House. The measure, approved by voice vote, now awaits President Trump's signature. The program…
wwd.comIEA Warns Europe Faces Jet Fuel Shortage in Six Weeks Amid Iran War
The International Energy Agency has warned that Europe could run out of jet fuel in about six weeks due to supply disruptions from the ongoing Iran war. This could lead to flight cancellations if alternative supplies are not secured. Jet fuel prices in Europe have more than doubl…