Tag

#oil crisis

2 articles

Politics

Iran Stalemate: US Pushes Peace Talks Amid IRGC Shadow

The US is pursuing a diplomatic path with Iran, offering a deadline extension for reopening the Strait of Hormuz, despite Iran's denial of direct talks. Global oil markets remain volatile due to the ongoing crisis, while the powerful Islamic Revolutionary Guard Corps appears to be tightening its grip within Iran, indicating complex internal power dynamics.

4 days ago
GENERAL

Oil Market Chaos: Sanctions Lifted Amidst Global Supply Crisis

The US has temporarily lifted sanctions on Russian oil amidst a severe global supply crisis, marked by disruptions in the Strait of Hormuz and soaring crude prices. Oil derivatives trader Greg Newman describes the market as "breaking" due to a physical shortage, not speculation, and believes the situation indicates a loss of control by the Trump administration.

2 weeks ago