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US Treasury Secretary Bessant: (In response to Trump's waiver of sanctions against Russia) No sanctions have been lifted. There was a 60-day period at the time. Looking at the current situation, the only thing that has been lifted is the diesel embar

2026-10-18

US Treasury Secretary Bessant: (In response to Trump's waiver of sanctions against Russia) No sanctions have been lifted. There was a 60-day period at the time. Looking at the current situation, the only thing that has been lifted is the diesel embargo.

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2026-10-18

According to Iran's Press TV, Iranian Foreign Minister Araqchi stated that the decision on whether the Strait of Hormuz can resume normal navigation now rests with the United States.

According to Iran's Press TV, Iranian Foreign Minister Araqchi stated that the decision on whether the Strait of Hormuz can resume normal navigation now rests with the United States.
2026-10-18

GCL Group and China Jurong Group signed an LNG engineering, procurement and construction (EPC) and tolling/contracted-processing agreement in Ethiopia on Oct. 16, following meetings with the newly appointed Ethiopian mines minister. The signatories—G

GCL Group and China Jurong Group signed an LNG engineering, procurement and construction (EPC) and tolling/contracted-processing agreement in Ethiopia on Oct. 16, following meetings with the newly appointed Ethiopian mines minister. The signatories—GCL Energy Investment Co.’s Ethiopia branch and Jurong Group (Holdings) Co.—said they will combine capabilities in oil and gas exploration, LNG capacity build, storage and transport to accelerate project delivery and to deepen cooperation on energy technology, equipment manufacturing, cross-border trade and low‑carbon initiatives.
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