All articles tagged with #oil shipments
Lukoil declared force majeure on oil shipments from its West Qurna 2 field in Iraq due to US sanctions, impacting its international operations and leading to canceled cargoes, with the field's operatorship transferred to Iraqi firms to maintain production.
The US and South Korea have established a task force, the Enhanced Disruption Task Force (EDTF), to prevent North Korea from obtaining illicit oil, amid concerns over potential Russian assistance. The task force aims to disrupt North Korea's refined oil procurement networks and consider actions to expose sanctions evasion activities and engage private sector and third-party actors. This move comes as deadlock at the UN Security Council raises doubts about the future of international sanctions on North Korea.