Tag: embargo


Oil Price Outlook: Crude Spiked after Iran Calls for Embargo on Israel

October 18, 2023

Via: DailyFX

The global oil market is a complex and multifaceted entity, often directly influenced by geopolitical events and economic policies. Recent developments in the Middle East have proven this once again, significantly impacting the oil industry. One such development is the […]

Energy, Industries

Russian oil price cap, EU ban aim to limit Kremlin war chest

December 5, 2022

Via: ABC News

Oil prices rose Monday as the first strong measures to limit Russia’s oil profits over the war in Ukraine took effect, bringing with them uncertainty about how much crude could be lost to the global economy through the new sanctions […]