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Relevance untilUS re-imposes sanctions on Russian oil after global market stabilizes
US authorities did not extend the Treasury Department’s (OFAC) temporary license that had exempted transactions in Russian oil shipped before April 17, 2026, from restrictions. From that moment, blocking sanctions...
Return of China to oil market inflicts shock on global economy
A rapid ramp‑up in China’s oil imports following the resumption of navigation through the strategic Strait of Hormuz could become a new inflationary shock for global markets. That warning...