US opens ‘Economic Fury’ campaign against Iran by expanding sanctions targets in Shamkhani network
Move comes ahead of potential new round of peace talks
US Import Prices Increase by Less Than Expected in March, Rise Anticipated Due to War
U.S. import prices increased less than expected in March, though the trend still pointed to firming imported inflationary pressures as the Middle East conflict boosts oil prices and snarls supply chains.Economists shrugged off the report from…
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Fincantieri Wins $30m US Navy Contract for Four Vessels
Italian shipbuilder Fincantieri said on Wednesday its Fincantieri Marine Group unit has won a $30 million contract with the U.S.
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US-Sanctioned Russian LNG Makes Its Way to India
A cargo of liquefied natural gas from Russia’s Portovaya plant on the Baltic Sea that is under U.S. sanctions is on its way to India, LSEG shipping data showed on Wednesday.If it reaches its destination, it would be the first such delivery to India sin…
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Iran Can Withstand Up to Two Months Without Oil Exports Before Curbing Production
Iran can withstand a complete halt in oil exports of up to two months before being forced to curb production, analysts said, after the U.S. began blocking shipping in and out of the country’s ports on April 13.The blockade could prevent roughly…
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