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Two sanctioned tankers divert from US route as Russian diesel deal falters
The Financial Times says the Talisman and Leruo no longer list the US Atlantic coast as their destination, as American buyers hesitate over sanctions risk and US diesel stocks fall below 100 million barrels.
US Treasury sanctions Indian and Turkish networks it says helped Iran sell oil and fly
Treasury targeted an India-based ring accused of faking ship registrations for Iranian oil tankers, plus a Turkish airline services firm, a day after Democrats won Congress amid anger over the Iran war.
Vance blames Iran war for Republican midterm losses as oil prices tumble
Vice President JD Vance said on X that the war is why Republicans lost, breaking with Trump’s framing. Oil fell by around $8 per barrel as traders bet on pressure for a way out of the Iran conflict.
US floats Russian gas sales to Europe via American intermediary; EU officials balk
Envoys Kushner and Witkoff pitched Putin a scheme with proceeds held in a third-country escrow account, the Wall Street Journal reported; European officials privately call the idea unacceptable.
Oil prices slide as Washington and Tehran both signal interest in a diplomatic exit
Brent and US crude fell sharply on Monday after reports that the US and Iran are each exploring diplomacy, even as both sides reportedly prepare for possible new strikes after the midterm elections.
Iran’s Guard says tankers hit mines in Hormuz as Oman rescues 25 crew
Iran’s Revolutionary Guard said several tankers caught fire on routes it calls unauthorised, while Oman evacuated 25 sailors from a burning ship and Qatari mediators arrived in Tehran.