Geopolitical turmoil in the Middle East – including the conflict with Iran and the paralysis of shipping routes in the Persian Gulf – has forced the U.S. administration to make a temporary adjustment to its commodities policy. Washington has introduced a special 30-day license that permits trade in Russian crude oil and petroleum products already in maritime transit. This mechanism, valid until April 11, applies exclusively to cargoes loaded onto tankers prior to March 12. According to Scott Bessent, this tactical move is crucial for alleviating supply shortages and calming volatile prices on global markets. However, the step has faced harsh criticism from observers who fear it creates a dangerous breach in the sanctions regime aimed at Moscow.
GTradX.Price Stabilization or a Crack in Sanctions? The Impact of the New U.S. License on Russian Oil
Resumen ejecutivo
The U.S. secures supply with a 30-day license for Russian oil transit. The move aims to stabilize markets but raises fears of a sanctions breach.
Seguir leyendo
Made in China
Backed by state subsidies, China's exports have shifted from cheap goods to high-tech sectors. Beijing now dominates EVs, AI hardware, chemicals, and robotics, challenging Western manufacturers.
4 min11 Vistas
EU-Canada Summit: Forging a Strategic Alliance Beyond Superpower Tensions
The EU and Canada are deepening ties in energy, critical minerals, and AI to reduce reliance on the US and China. Despite semantic debates over partnership labels, the Montreal summit yields real deals.
2 min11 Vistas
Orlen’s North Sea Success: Afrodyta Field Reserves More Than Double Initial Estimates
Orlen Upstream Norway and its partners completed appraisal drilling at the Afrodyta field. Recoverable reserves have more than doubled, securing over 4 bcm of natural gas for the Polish group.
2 min11 Vistas