Friday, August 7, 2026
U.S. steps up efforts to sanction Iranian crude- oil and gas 360

U.S. steps up efforts to sanction Iranian crude

Oil Price The world’s largest crude importer and main customer of Iranian oil, China, is seeking increasingly closer ties with Iran while the United States steps up pressure on the Islamic Republic’s oil exports. Chinese President Xi Jinping pledged to continue to develop “friendly cooperation” with Iran during a visit of Iranian President Ebrahim Raisi to Beijing this week. “Xi stressed that

Alberta is fighting to send its oil abroad- oil and gas 360

Alberta is fighting to send its oil abroad

Oil Price Despite efforts from Canada’s Prime Minister Justin Trudeau to move away from oil sands – long hailed as the world’s most destructive oil operation – Alberta, the country’s largest oil-producing region, is pushing to open new energy corridors with the U.S. to export its fossil fuels.   As the global demand for oil and gas continues, and countries look closer