Türkiye Rejects Trump’s Demand to Halt Russian Oil Imports
October 3, 2025
Türkiye has rejected Trump’s demands to cease imports of Russian oil. Turkish Energy Minister Alparslan Bayraktar stated that the Turkish government has no plans to issue mandatory directives to private oil companies regarding their sources ...
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Canada Cuts Price Cap on Russian Oil to $47.60 per Barrel
September 4, 2025
The Government of Canada announced a reduction in the price cap for Russian crude oil, lowering it from $60 to $47.60 per barrel. This decision aligns with similar measures previously enacted by the European Union ...
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Iran Detains Foreign Oil Tanker in Strait of Oman for Fuel Smuggling
July 16, 2025
The Iranian Islamic Revolutionary Guard Corps (IRGC) navy apprehended a foreign oil tanker in the Strait of Oman, accusing it of smuggling two million liters of fuel. The operation took place near Larak Island, a ...
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