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News & analysis tagged Oil — diplomacy, politics, and global affairs coverage from Model Diplomat.

Repsol's July 2026 deal with PDVSA marks the first US-controlled oil operation in Venezuela, reshaping energy dynamics.
2026-07-09
Iraq's cabinet approves a deal with Qatar's UCC and US firms for oil pipelines, aiming to secure a US-backed export route to the Mediterranean.
2026-07-06
Iran secures 12 billion dollars in frozen assets as the US lifts oil sanctions under a new deal, marking a notable shift in stalled diplomacy with Tehran.
2026-06-23
Iran's grip on the Strait of Hormuz is distorting global oil markets, reshaping shipping routes and pushing energy prices higher amid heightened Gulf tension.
2026-05-28
India's roughly 78 days of crude oil reserves look reassuring, but the cushion may not fully shield consumers and the economy from sustained price pressures.
2026-05-26
Trump weighs Iran's peace plan as the Strait of Hormuz remains a critical chokepoint, with oil flows and Middle East stability hanging on the diplomatic result.
2026-04-28
New bipartisan Senate legislation would require congressional approval before easing Russian oil sanctions, aiming to block Trump from lifting them alone.
2026-04-24