Oil Market Sees Iran Sanctions Having Muted Export Impact


by gCaptain

gCaptain— (Bloomberg) — Legislation pushing Joe Biden to ratchet up sanctions on Iranian crude oil is on track to become law as early as this week. But don’t expect the president

Zero Hedge—Congress Passes New Iran Oil Sanctions But Biden Unlikely To Enforce Them. Congress Passes New Iran Oil Sanctions But Biden Unlikely To Enforce Them Over the weekend, as part of the $95 billion package providing funding for aiding Ukraine, Israel and Taiwan which passed by a vote of 360-58 on Saturday, the US House also passed new sanctions on Iran’s oil sector set to become part of a foreign-aid package, putting the measure on track to pass the Senate within days. The legislation, as Bloomberg reports, would broaden sanctions against Iran to include...

gCaptain—New Iran Oil Sanctions Passed By US House In Foreign Aid Package. By Ari Natter (Bloomberg) –The US House passed new sanctions on Iran’s oil sector set to become part of a foreign-aid package, putting the measure on track to pass the Senate

Phys.org—Discovery of mechanism plants use to change seed oil could impact industrial, food oils. Researchers have discovered a new mechanism of oil biosynthesis and found a way to genetically engineer a type of test plant to more efficiently produce different kinds of seed oil that it otherwise wouldn't make.