Oil Prices Climb After the EU Imposes New Sanctions on Russia
Friday, 18 July 2025 () Why Isn’t Canada Cutting Oil Production? Canada’s oil sands giants, Suncor and Imperial Oil, have become North America’s lowest-cost producers, a key transformation in the upstream landscape as shale producers struggle to break even with new wells as WTI prices still linger around $65-68 per barrel. Whilst Alberta’s oil sands require substantial capital expenditures upfront, once the projects are online, operational costs can be greatly reduced by means of autonomous mining vehicles, smarter water management, and AI integration.…
EU imposes new sanctions on Russia's oil and banks after Robert Fico lifts his veto
The breakthrough on Friday was made only possible after Slovak Prime Minister Robert Fico agreed to lift his veto.
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Oil prices surged as the U.S. joined Israel in striking Iran's nuclear sites, sending shockwaves across global markets. Tehran warned that U.S. aggression has widened its range of legitimate targets,..
U.S. President Donald Trump broke his silence on the Strait of Hormuz crisis with an explosive post on Truth Social, urging oil producers to "KEEP OIL PRICES DOWN" and warning that they’re “playing..
European Commission proposes new measures to phase out Russian oil and gas
The European Commission proposed a new law outlining deadlines and strategies for phasing out Russian oil and gas,..
Credit: euronews (in English) Duration: 01:06Published
Oil prices surged over 2% due to IEA's report of a potentially tighter global market driven by strong summer demand. Concerns about new US tariffs and potential... IndiaTimes
With the sole objective of cutting the war-funding and bringing Russia to its knees and ruining its economy forever, the 27-nation bloc on Friday announced a... DNA Also reported by •IndiaTimes
Friday, 18 July 2025 ()
![World In PANIC As Oil Surges After U.S Strikes On Iran | Tehran Threatens To Close Hormuz Chokehold [Video]](https://video.newsserve.net/300/v/20250623/1414596322-World-In-PANIC-As-Oil-Surges-After.jpg)
![‘KEEP OIL PRICES DOWN’ Trump EXPLODES On Truth Social | Issues Big WARNING To Iran | Iran Conflict [Video]](https://video.newsserve.net/300/v/20250623/1414592828-KEEP-OIL-PRICES-DOWN-Trump-EXPLODES-On-Truth.jpg)
![European Commission proposes new measures to phase out Russian oil and gas [Video]](https://video.newsserve.net/300/v/20250617/1414159758-European-Commission-proposes-new-measures-to-phase-out.jpg)
