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US imposes sanctions on teapot oil refinery and CEO for Iranian oil purchases- oil and gas 360

US imposes sanctions on teapot oil refinery and CEO for Iranian oil purchases

March 20, 2025

(Investing) – The Department of the Treasury’s Office of Foreign Assets Control (OFAC) today announced sanctions against a teapot oil refinery and its CEO for purchasing and refining Iranian crude oil worth hundreds of millions of dollars. The oil was sourced from vessels linked to Ansarallah, a Foreign Terrorist Organization, and the Iranian Ministry of Defense of Armed Forces Logistics (MODAFL). The refinery,

U.S. and Vietnam sign $4-billion energy and minerals deals- oil and gas 360

U.S. and Vietnam sign $4-billion energy and minerals deals

March 14, 2025

(Oil Price) – American and Vietnamese companies signed this week several agreements in the energy and minerals sectors estimated to be worth $4.15 billion, as the Southeast Asian country looks to avoid U.S. tariffs and boost cooperation with U.S. firms. Vietnam’s Trade Minister Nguyen Hong Dien visited the United States this week and held talks with the US Trade Representative Jamieson

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