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May 22, 2026
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China Halts Fuel Exports as Hormuz Crisis Tightens Global Supply

    India Passes on Iranian Oil as Sanctioned Tanker Redirects to China

    2 months ago03 mins

    A sanctioned tanker carrying Iranian crude has abruptly changed destination from a port on India’s west coast to an import terminal in China, in a move suggesting that India would not be imminently importing its first crude from Iran in seven years. The crude tanker Ping Shun, which the United States sanctioned last year for…

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    Venezuela bondholders, creditors clash ahead of Citgo auction decision
    • World News

    Venezuela bondholders, creditors clash ahead of Citgo auction decision

    Cs news8 months ago06 mins

    By Marianna Parraga HOUSTON (Reuters) -The auction of the parent of Venezuela-owned U.S. refiner Citgo Petroleum is turning into a heated contest between creditors trying to get compensation for the expropriation of their Venezuelan assets and holders of a defaulted bond issued by the country’s oil company PDVSA. The interests of both groups have become…

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