Monday, April 20, 2026

LPG

Nomura: Full U.S. blockade could cut off another 2.3 million bpd oil supply- oil and gas 360

Nomura: Full U.S. blockade could cut off another 2.3 million bpd oil supply

(Oil Price) – Oil supply from the Middle East could drop by another 2.3 million barrels per day (bpd) if the U.S. were to completely block the Strait of Hormuz, according to bank Nomura. “We estimate around 2.3mbpd loss of incremental oil supplies versus March 2026, and nearly 9.3mbpd loss versus March 2025 in the event the US were to

US targets Iranian LPG magnate with sanctions, Treasury says- oil and gas 360

US targets Iranian LPG magnate with sanctions, Treasury says

(Investing) – WASHINGTON  -The United States issued new sanctions on Tuesday targeting Iranian liquefied petroleum gas magnate Seyed Asadoollah Emamjomeh and his corporate network, the Treasury Department said, amid ongoing talks with Tehran on its nuclear program. Emamjomeh’s network is responsible for shipping hundreds of millions of dollars’ worth of Iranian LPG and crude oil to foreign markets, Treasury said in a statement.