Tag: OPEC

Trump Says India Shifts from Iranian to Venezuelan Oil

President Trump claims India is buying more Venezuelan oil after Iran sanctions. We examine the data behind India's real energy import strategy.

Iran Threat to Close Strait of Hormuz Risks Global Oil Price Spike

Iran's threat to shut the vital Strait of Hormuz, a channel for 20% of world oil, could disrupt supplies and raise energy prices amid tensions with the West.