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Lorne Gunter: Cutting off oil and other exports to U.S. is a good back-pocket option

Summary by Edmonton Journal
Let’s keep the oil cutoff in our back pockets for a month or two to see how all of this shakes out.

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Edmonton JournalEdmonton Journal

Lorne Gunter: Cutting off oil and other exports to U.S. is a good back-pocket option

Let’s keep the oil cutoff in our back pockets for a month or two to see how all of this shakes out.

·Edmonton, Canada
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mfame.gurumfame.guru

US Sanctions Create Hurdles For Iran’s Oil Exports, Revenue Declines - mfame.guru

An investigation by Iran International has found that over half of the tankers recently sanctioned by the US for transporting Iranian oil have stopped operating outside of Chinese or Iranian ports, reports Iran International.  New Sanctions  Following similar US Treasury actions in late 2024, new sanctions were announced on February 24, targeting ultra-large crude carriers (VLCCs) involved in Iran’s shadow fleet. These VLCCs, crucial for Iran’s …

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mfame.guru broke the news in on Tuesday, March 4, 2025.
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