The United States issued new sanctions targeting Iran’s oil exports, including against a China-based “teapot refinery”, as President Donald Trump’s administration seeks to ramp up pressure on Tehran

Argentina consolidated a surplus in its energy trade balance last November, driven by a significant increase in hydrocarbon exports and a drop in fuel imports, according to official sources

President-elect Donald Trump’s plan to impose a 25% tariff on Canadian and Mexican imports on his first day in office does not exempt oil from the trade sanctions

According to the EU’s statistical office, Eurostat, between April and June 2024, the EU imported energy products worth €94.9 billion, equivalent to a total of 177.9 million tonnes

Brazil continues to gain prominence among crude oil suppliers to Spain, after its sales tripled in May alone, making it the second-largest supplier this year, behind the United States

China’s oil imports from Russia, including pipeline deliveries and maritime transport, rose 12.5% annually to 10.81 million tons, or 2.55 million barrels per day (bpd) last month, according to Customs Administration data

U.S. weekly imports of Mexican crude oil fell to its lowest on record in the first week of April, as Mexico’s state energy company Pemex has cut exports to supply more oil to its domestic refineries

A tanker Apus loaded 100,000 tonnes of Varandey oil sourced by Lukoil in the Arctic port of Murmansk on Sept. 10, LSEG data shows. The vessel is expected to arrive in Brazil’s Pernambuco area at the end of the month, according to LSEG data

Russia remained China’s largest crude supplier in July, Chinese government data showed, even as Russian shipments fall from all-time highs on narrower discounts and rising domestic demand crimps Russian exports

The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran may not return to nuclear talks or may adopt a harder line whenever it does