Oil sanctions
EU extends sanctions against Venezuela

The extension comes as the country continues to battle the COVID-19 pandemic, with Maduro securing 10 million Sputnik V vaccine doses.

Venezuela denounces ‘absurd decision’ of UK to retain its gold reserves

A British high court ruled on July 2 that because the UK recognizes opposition leader Juan Guaidó as president, it does not have to give the government of Nicolás Maduro access to the reserves

Corona shock to the world oil order

The post second World War US hegemony was based on oil prices being pegged to the dollar. Will the hegemony of the dollar survive the corona oil shock?

Will the world follow US deadline to abide by Iran sanctions

NewsClick Editor-in-chief Prabir Purkayastha talks about the effects of the Iran sanctions on the global economy and forecasts how the countries like China and India will react to the Trump administration’s refusal to extend waivers on oil purchases.

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