Iranian Oil Sanctions: US may unsanction 140 million barrels of Iranian oil to cool prices as Gulf war shakes energy markets

File photo: US treasury secretary Scott Bessent (Picture credit: AP) The Trump administration is considering lifting sanctions on around 140 million barrels of Iranian oil currently stranded on tankers in a bid to boost global supply and cool surging crude prices, as the war in the Gulf continues to hammer energy infrastructure and disrupt shipping…

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How Iran’s strikes on Qatar’s Ras Laffan, world’s largest LNG hub & other Middle East oil & gas infra, will impact India

⁠India is a big importer of LPG and LNG and relies heavily on supplies from Middle Eastern countries such as Qatar. (AI image) Middle East conflict impact: What happens when the world’s argest liquefied natural gas (LNG) hub suffers extensive damage? Qatar’s key gas hub, Ras Laffan, has sustained extensive damage after multiple strikes from…

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