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Tag Archives: sanctions

Russian crude continues to make up 50% of India’s oil imports in July as Hormuz risks persist

A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia. | Reuters

Russian oil remains India’s biggest supply cushion, but experts say LPG & LNG imports remain highly vulnerable to renewed Strait of Hormuz disruption.New Delhi: Amid renewed uncertainty around the Strait of Hormuz, Russian crude continues to dominate India’s imports, averaging around 2.5 million barrels per day (mbpd) until 15 July, and …

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Can Iran Really Impose Tolls on Strait of Hormuz Passage?

Iran believes it has won the war by asserting its control over the Strait of Hormuz.Shutterstock

Tehran Cannot Legally Redefine Freedom of Navigation Through International WatersIran proposes collecting tolls or fees from ships passing through the Strait of Hormuz to generate up to $40 billion annually. According to discussions among Iran, Oman, and other regional players, Tehran has suggested charging for “security, safety, and environmental services.” The Iranian …

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ConocoPhillips and the Remaking of Syria’s Energy Industry

The company logo on the world headquarters of ConocoPhillips in Houston, Texas.Shutterstock

The Company Carries Influence Since It Would Bring a U.S. Major Into a Sector That Washington Has Viewed as Off-Limits ConocoPhillips’s reported plan to sign a contract with Syria’s transitional government would be a significant step in Syria’s return to international energy markets. If finalized, this deal would make ConocoPhillips the …

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Iran-Qatar Electricity Grid Interconnection Plan Shows Pragmatism in the Shadow of War

If Gulf-linked private capital participates in Iran’s reconstruction, it would show that regional actors are trying to shape Iran’s behavior and buy protection through economic incentivesTwo days after President Donald Trump announced agreement on a memorandum of understanding prolonging a ceasefire with Iran, Qatari Energy Minister Abbas Aliabadi said feasibility studies were …

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As US-Iran deal announcement paves way for Hormuz reopening, what lies ahead for India & oil markets

A drone view shows vessels in the Strait of Hormuz, as seen from Musandam, Oman, on 15 June. | Reuters

Crude prices fall as markets price out West Asia conflict risk. Analysts say India could benefit through lower import bill, easing inflation and improved energy security. New Delhi: The US-Iran peace agreement and the subsequent reopening of the Strait of Hormuz could help ease global energy supplies, lower crude prices and provide relief …

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