Lmst

India has started reducing Russian oil imports and ramping up US energy purchases, USTR Jamieson Greer says, signalling a major shift amid expanding India–US trade ties. https://english.mathrubhumi.com/news/india/india-has-begun-reducing-russian-oil-imports-ramping-up-american-energy-purchases-ustr-gfkkn06e?utm_source=dlvr.it&utm_medium=mastodon #IndiaUSRelations #RussianOil #EnergyTrade #USTrade #GlobalEnergy

Venezuela, US strike deal for up to $2B oil exports amid shifting sanctions landscape

https://fed.brid.gy/r/https://news.bomboradyo.com/venezuela-us-strike-deal-for-up-to-2b-oil-exports-amid-shifting-sanctions-landscape/?utm_source=rss&utm_medium=rss&utm_campaign=venezuela-us-strike-deal-for-up-to-2b-oil-exports-amid-shifting-sanctions-landscape

<p><strong>HOUSTON/WASHINGTON</strong> — Venezuela and the United States have reached an agreement that would allow the export of up to $2 billion worth of Venezuelan crude oil to the US, President Donald Trump announced Tuesday, in a deal that could redirect shipments away from China and ease pressure on Venezuela’s oil production.</p>

<p>Trump said Caracas would deliver between 30 million and 50 million barrels of what he described as “sanctioned oil” to the United States, with the crude sold at market prices and shipped directly to US ports.</p>

<p>The arrangement comes as Venezuela struggles with millions of barrels stranded on tankers and in storage due to a US export blockade imposed in mid-December.</p>

<p>The deal signals a response by Venezuelan authorities to Washington’s demand that the country open its oil sector to US companies, amid escalating pressure on the government of President Nicolás Maduro, who was captured by US forces over the weekend.</p>

<p>Venezuelan officials have denounced the arrest as a kidnapping and accused the US of attempting to seize control of the country’s oil wealth.</p>

<p>Trump said US Energy Secretary Chris Wright will oversee the implementation of the agreement.</p>

<p>He added that proceeds from the oil sales would be controlled by the US government to ensure they benefit both Venezuela and the United States.</p>

<p>Industry sources said the initial supplies could come from cargoes originally bound for China, Ve

Reliance Industries has officially stopped importing Russian crude oil for its export refinery ahead of EU sanctions, marking a key move in India’s energy and trade strategy. https://english.mathrubhumi.com/news/india/reliance-stops-russian-crude-imports-ahead-of-eu-sanctions-shifting-indias-oil-trade-strategy-vixamij9?utm_source=dlvr.it&utm_medium=mastodon #RelianceIndustries #RussianOil #IndiaOilImports #EnergyTrade

South Korea's Trade Minister Yeo Han-koo met with Montana Governor Greg Gianforte in Seoul to discuss strengthening economic cooperation, energy trade, and visa issues, while seeking state-level support for ongoing South Korea–U.S. tariff negotiations.
#YonhapInfomax #TradeMinister #Montana #EconomicCooperation #EnergyTrade #TariffNegotiations #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86265

Our @pannierb.bsky.social reports Turkmenistan’s hopes of boosting gas exports via Iran face major obstacles as the Israel-Iran conflict threatens key swap deals timesca.com/turkmenistan... #Turkmenistan #GasExports #EnergyTrade #Iran #Iraq #Azerbaijan #IsraelIranconflict

Turkmenistan’s Gas Swap Deals ...

Turkmenistan’s hopes of boosting gas exports via Iran face major obstacles as the Israel-Iran conflict threatens key swap deals with Iraq and Azerbaijan leaving its energy ambitions hanging in the balance https://timesca.com/turkmenistans-gas-swap-deals-could-be-collateral-damage-from-israeli-iran-conflict/ #Turkmenistan #GasExports #EnergyTrade #Iran #Iraq #Azerbaijan #IsraelIranconflict

Africa: Africa's Power Pools - What the G20 Can Do to Help Countries Share Electricity: [The Conversation Africa] South Africa holds the presidency of the G20 this year. The group is made up of 19 of the world's largest economies, the European Union and the African Union. A priority of South Africa's G20 presidency is African connectivity: promoting cross-border energy trade and regional power pools as a way… http://newsfeed.facilit8.network/TLFnkk #Africa #PowerPools #G20 #EnergyTrade #SustainableDevelopment