Energy

Hope Fades, Traders Brace for Extended Oil, LNG Squeeze

For most of the past six months, traders active on the commodity futures markets have been mostly optimistic. They have taken every statement by President Donald Trump about peace talks or victory over Iran at face value, betting on a speedy end of the war. Now, it has started to dawn on many that t

Source: OilPrice.com

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DW NOTE

The Strait of Hormuz has been closed for 174 days. Oil traders are not bracing for an extended squeeze — they are living through one that started in February and shows no sign of ending. WTI is down 24.6% from yearly highs not because supply has normalised, but because demand destruction is real.

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How the U.S. Is Targeting Iran's Oil Money

The United States has imposed sanctions on a Turkish investment bank and two subsidiaries, accusing them of helping Iran move oil revenue and providing access to the international financial system as Washington intensifies its campaign to squeeze Tehran. The US Treasury Department on September 4 des

Hope Fades, Traders Brace for Extended Oil, LNG Squeeze

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World Bank sees a major risk in Zimbabwe’s currency plan - Townpress Newspaper

How the U.S. Is Targeting Iran's Oil Money

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