Trump Pauses Russia Sanctions He Signed Last Month—Days Before They Took Effect
A new executive order waives major sanctions and tariffs under the Graham Act before an October 19 deadline, while leaving existing Russia measures intact.
Saudi Pipeline Is Down—Reuters Sources Say 4% of Global Oil Supply Could Be at Risk Within Days
Saudi Arabia has confirmed its East–West Pipeline is shut. Industry sources say Yanbu has only five to seven days of export stocks if pumping does not resume, putting roughly 4 million barrels a day at risk.
Trump Says U.S. Secured 65 Billion Barrels of Venezuelan Oil—But No Deal Has Been Shown
President Donald Trump says the United States now has majority control over more than 65 billion barrels of Venezuela’s proven oil reserves. The announcement is enormous—but the fields, companies, legal structure and timeline remain undisclosed.
U.S. Promises ‘Economic D-Day’—Iran Threatens to Halt All Gulf Oil Exports
Washington is preparing sweeping new sanctions aimed at Iran’s trading partners. Tehran says continued economic warfare could stop every Gulf oil export.
Iran Says Hormuz Is Shut. Trump Says It’s Open—Now Peace Talks Are Off
Trump says no U.S.–Iran talks are underway and Hormuz is open. Tehran says the vital oil route remains shut as prices and global tensions climb.