News 14/04/26
A thirty day waiver on Iranian oil sanctions introduced last month to ease pressure on global energy supplies is due to expire this weekend. The Treasury has confirmed it will not be extended, despite wider US action including a blockade of the Strait of Hormuz, a key route for around one fifth of global oil and liquefied gas shipments. The waiver, issued on 20 March, allowed around 140 million barrels […]