A view of the Russian oil cargo Pure Point, carrying crude oil, is seen anchored at the port in Karachi, June 11, 2023. — ReutersProposed policy allows foreign firms to store fuel locally.Suppliers can sell domestically or re-export petroleum stocks.Proposal aims to boost energy…
Related Posts
EU countries give final approval to Russian gas ban
A view shows gas wells at Bovanenkovo gas field owned by Gazprom on the Arctic Yamal peninsula, Russia May 21, 2019. — Reuters Companies face penalties for non-compliance with gas ban.Hungary to challenge ban in European Court of Justice. Slovakia, Hungary voted against; Bulgaria…
Azerbaijan says ready to supply LNG as Pakistan faces shortages amid Mideast conflict
A liquefied natural gas tanker is tugged towards a thermal power station in Futtsu, east of Tokyo, Japan on November 13, 2017. — ReutersPakistan seeks LNG cargoes as energy shortfall deepens.LNG imports from QatarEnergy halted after Hormuz closure.Socar says ready to supply LNG to…
Oil stays near highs as tanker attacks, fading peace hopes threaten Hormuz flows
Specialists work at a drilling rig at the Airankol oil field operated by Caspiy Neft in the Atyrau region, Kazakhstan, April 19, 2026. — Reuters
Fewer ships through Strait of Hormuz after tanker attack reports.Trump urges Americans to accept slightly…