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	<title>oil exports &#8211; The Milli Chronicle</title>
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	<title>oil exports &#8211; The Milli Chronicle</title>
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		<title>Iran blockade traps over 2,000 ships in Gulf, choking global energy flows</title>
		<link>https://www.millichronicle.com/2026/04/64501.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 02 Apr 2026 04:06:15 +0000</pubDate>
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					<description><![CDATA[Riyadh— More than 2,190 commercial vessels, including over 320 oil and gas tankers, were stranded in the Arabian Gulf on]]></description>
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<p><strong>Riyadh</strong>— More than 2,190 commercial vessels, including over 320 oil and gas tankers, were stranded in the Arabian Gulf on Wednesday due to Iran’s blockade of the Strait of Hormuz, sharply restricting traffic through one of the world’s most critical energy corridors, according to maritime data.</p>



<p>The bottleneck includes 12 very large gas carriers and 50 very large crude carriers, with only six ships transiting the strait between Tuesday and Wednesday, far below the typical daily average of around 120 vessels in peacetime, data from maritime analytics firm Kpler showed.</p>



<p>Limited movement has been permitted through a tightly controlled corridor near Iran’s Larak Island, with access largely restricted to vessels linked to Iran or countries maintaining favorable relations with Tehran. Lloyd’s List estimates that at least 48 ships have passed through the route since last week under such arrangements.</p>



<p>Iran imposed the blockade following strikes by the United States and Israel on Feb. 28, effectively constraining a waterway that normally handles about one-fifth of global oil and gas shipments. Shipowners granted passage have reportedly faced fees of up to $2 million per transit, although Tehran has indicated that vessels from allied nations may be exempt.</p>



<p>Malaysian authorities said tankers operated by companies including Petronas, Sapura Energy and MISC were awaiting clearance, with Iran assuring Kuala Lumpur that fees would be waived due to bilateral ties. Officials cautioned that heavy congestion could delay passage regardless of exemptions.</p>



<p>China said at least three of its vessels had recently transited the strait following coordination with relevant parties. Ship-tracking data indicated that two container ships exited the Gulf on a subsequent attempt while sailing in close formation and at increased speed, in what analysts described as the first such movement by non-Iranian container vessels since the escalation began.</p>



<p>A small number of other ships have also managed to leave, including a Greek-operated tanker carrying Saudi crude to India and several Indian-flagged liquefied petroleum gas carriers transporting essential cargo. </p>



<p>Shipping sources said some crews have adopted risk mitigation measures such as nighttime navigation or disabling tracking systems to reduce exposure to threats including mines, missiles and drones.Despite limited transits, exports from major Gulf producers such as Saudi Arabia and Qatar remain largely suspended, with hundreds of vessels and an estimated 20,000 seafarers still awaiting clearance in and around the Gulf.</p>



<p>A Pakistani oil vessel reached Karachi after successfully transiting the strait, while another shipment arrived via an alternative route. Officials said further deliveries could follow in the coming weeks.The disruption has intensified diplomatic efforts to reopen the waterway.</p>



<p> Britain is preparing to host talks involving around 35 countries to address maritime security, while China and Pakistan have jointly called for a ceasefire and urged all sides to ensure safe passage for commercial shipping.U.S. </p>



<p>President Donald Trump reiterated on Wednesday that Iran must lift the blockade, warning of potential military action if it fails to comply.</p>
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		<title>U.S. lifts sanctions on Venezuela’s acting leader Rodríguez, signaling policy shift after Maduro detention</title>
		<link>https://www.millichronicle.com/2026/04/64489.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Thu, 02 Apr 2026 03:55:10 +0000</pubDate>
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					<description><![CDATA[Washington- The United States on Wednesday lifted sanctions on Venezuela’s acting President Delcy Rodríguez, according to the Treasury Department, marking]]></description>
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<p><strong>Washington-</strong> The United States on Wednesday lifted sanctions on Venezuela’s acting President Delcy Rodríguez, according to the Treasury Department, marking a significant shift in Washington’s policy following the detention of former leader Nicolás Maduro earlier this year.</p>



<p>The move, reflected in an update by the Office of Foreign Assets Control, effectively removes restrictions that had limited Rodríguez’s ability to engage with U.S. companies and investors, and underscores Washington’s recognition of her as a legitimate governing authority.</p>



<p>Rodríguez said the decision could open a path toward improved bilateral relations. In a statement posted on her Telegram channel, she described the move as a step toward “normalizing and strengthening relations” and expressed hope that broader sanctions on Venezuela would eventually be lifted to enable deeper cooperation.</p>



<p>The policy change follows the Jan. 3 capture of Maduro and his wife in Caracas by U.S. forces. Both were transferred to New York to face drug trafficking charges and have pleaded not guilty.</p>



<p> Their detention prompted a political transition in which Venezuela’s ruling-party-aligned Supreme Court declared Maduro’s absence temporary and installed Rodríguez as acting president.</p>



<p>Rodríguez, who had previously been sanctioned by Washington during Donald Trump’s first administration, was among senior Venezuelan officials targeted in 2018 for their alleged role in undermining democratic processes after a widely disputed election. Her brother, Jorge Rodríguez, and other members of Maduro’s inner circle were also designated at the time.</p>



<p>Despite those earlier measures, the current administration has opted to engage directly with Rodríguez following Maduro’s removal. U.S. officials have backed her role in implementing a phased plan to stabilize the country’s political and economic system, including outreach to foreign investors and commitments to increased transparency and international arbitration.</p>



<p>The administration has also taken broader steps to ease restrictions on Venezuela’s economy. In March, the Treasury authorized state oil company Petróleos de Venezuela S.A. to resume direct sales to U.S. buyers and access global markets, reversing years of tight sanctions on the country’s energy sector.</p>



<p>In parallel, U.S. authorities have formally recognized Rodríguez as the sole head of state in an ongoing civil case in federal court, further consolidating her standing in Washington’s policy framework.Maduro, however, remains Venezuela’s legal president under the country’s institutional structure.</p>



<p> The Supreme Court’s ruling allows Rodríguez to govern for an initial 90-day period, which is set to expire Friday, with a possible extension to six months subject to approval by the National Assembly, which is controlled by the ruling party and led by her brother.</p>



<p>The developments highlight an evolving U.S. approach toward Venezuela, balancing legal proceedings against Maduro with pragmatic engagement aimed at restoring economic activity and political stability in the oil-rich nation.</p>
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		<title>Drone strikes hit Russia’s Ust-Luga port, wound three as attacks intensify</title>
		<link>https://www.millichronicle.com/2026/03/64345.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Tue, 31 Mar 2026 13:07:11 +0000</pubDate>
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					<description><![CDATA[Moscow — Drone attacks damaged infrastructure at Russia’s Ust-Luga port on the Baltic Sea early Tuesday, wounding three people including]]></description>
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<p><strong>Moscow</strong> — Drone attacks damaged infrastructure at Russia’s Ust-Luga port on the Baltic Sea early Tuesday, wounding three people including two children, as authorities said air defenses downed dozens of drones in the Leningrad region amid escalating cross-border strikes linked to the war in Ukraine.</p>



<p>Regional governor Alexander Drozdenko said in a statement on social media that 38 drones were intercepted overnight and that the port, located on the Gulf of Finland, sustained fresh damage for the third time in a week. </p>



<p>He did not specify the extent of the damage.Repeated strikes on export hubUst-Luga is a major node for Russian exports of fertilizers, oil and coal, and has been targeted multiple times in recent days. </p>



<p>Russian authorities previously reported fires at the port following drone strikes on Sunday and Wednesday.The latest attack underscores growing pressure on infrastructure tied to Russia’s export revenues, which Kyiv has increasingly targeted as part of its military strategy.</p>



<p>Ukraine has stepped up long-range drone operations against Russian facilities, including refineries, oil depots and ports. Officials in Kyiv say such strikes are intended to disrupt revenue streams that support Moscow’s military campaign.</p>



<p>President Volodymyr Zelensky has defended the attacks as a proportionate response to Russia’s offensive, though Ukrainian authorities did not immediately comment on the latest incident.</p>



<p> Efforts to negotiate an end to the conflict have faltered, with talks between Moscow and Kyiv, brokered by the United States, losing momentum. Diplomatic attention has been diverted by intensifying hostilities in the Middle East, further complicating prospects for de-escalation in the four-year war.</p>



<p>Russia has not provided additional operational details on the overnight interceptions or potential disruptions to port activity.</p>
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		<title>Rubio confers with Kurdish premier as oil flows, Iran strike roil region</title>
		<link>https://www.millichronicle.com/2026/03/64116.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Fri, 27 Mar 2026 04:54:33 +0000</pubDate>
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					<description><![CDATA[Washington — Marco Rubio held a call on Thursday with Masrour Barzani, thanking the Kurdistan Regional Government (KRG) for facilitating]]></description>
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<p><strong>Washington</strong> — Marco Rubio held a call on Thursday with Masrour Barzani, thanking the Kurdistan Regional Government (KRG) for facilitating Iraqi oil exports to global markets, the State Department said, as regional tensions linked to the Iran war disrupt energy supplies and security dynamics.</p>



<p>In a statement, the United States Department of State said Rubio expressed “gratitude” to the KRG for enabling oil from Iraq, including from the Kurdistan region, to reach international markets at a time when global prices have been unsettled by the conflict.</p>



<p>Rubio also conveyed condolences to families of Kurdish Peshmerga fighters killed in a March 24 missile attack and wished a speedy recovery to those injured. Kurdish authorities said at least six fighters were killed and about 30 wounded when missiles struck a military base north of Irbil.</p>



<p>A Peshmerga statement attributed the attack to Iran, describing it as a “treacherous attack” involving ballistic missiles targeting a headquarters facility in Iraqi Kurdistan.</p>



<p>The Iran war, which began on February 28 following U.S. and Israeli strikes on Iran, has widened into a broader regional confrontation. Tehran has since launched retaliatory attacks on Israel and Gulf states hosting U.S. bases, while Israeli strikes have extended into Lebanon.</p>



<p>The escalation has rattled global markets, particularly oil, as supply routes and production hubs face heightened risk.Policy signals from WashingtonU.S. </p>



<p>President Donald Trump has offered varying objectives for the conflict, ranging from regime change in Iran to degrading its military and missile capabilities. </p>



<p>On Thursday, he said he believed his side had prevailed in the war, even as hostilities and their economic fallout continue.</p>



<p>The call with Kurdish leadership highlights Washington’s focus on maintaining energy flows and regional partnerships amid ongoing instability.</p>
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		<title>Drone Strikes Disrupt Russia’s Baltic Oil Lifelines, Halting Key Exports</title>
		<link>https://www.millichronicle.com/2026/03/63893.html</link>
		
		<dc:creator><![CDATA[NewsDesk MC]]></dc:creator>
		<pubDate>Mon, 23 Mar 2026 09:19:46 +0000</pubDate>
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					<description><![CDATA[Moscow — Russia suspended oil and fuel loadings at its Baltic Sea ports of Primorsk and Ust-Luga on March 22]]></description>
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<p><strong>Moscow</strong> — Russia suspended oil and fuel loadings at its Baltic Sea ports of Primorsk and Ust-Luga on March 22 following drone attacks and security alerts, two industry sources said on Monday, disrupting flows from some of the country’s main export terminals.</p>



<p>A fuel reservoir at Primorsk caught fire after a drone strike, Alexander Drozdenko, governor of the Leningrad region, said on Telegram. Separately, Ust-Luga operations were halted due to a drone alert in the surrounding area, the sources said.</p>



<p>Both ports, located in Russia’s northwestern Leningrad region, handle the bulk of the country’s seaborne crude oil and refined fuel exports from its western outlets, making them critical nodes in Russia’s energy supply chain.</p>



<p>The suspensions underscore growing vulnerabilities in Russia’s energy infrastructure as drone attacks increasingly target logistics and export facilities. While the extent of damage and the expected duration of the halt were not immediately clear, any prolonged disruption could tighten export availability from Baltic routes.</p>



<p>Transneft, Russia’s state-controlled oil pipeline monopoly that operates both Primorsk and Ust-Luga, did not immediately respond to a request for comment.</p>



<p>Primorsk and Ust-Luga serve as key gateways for Russian crude and petroleum products destined for international markets, particularly in Europe and beyond via maritime routes. Interruptions at these ports can affect shipping schedules, storage logistics and broader supply balances.</p>



<p>The incidents come amid heightened geopolitical tensions and a pattern of attacks on energy infrastructure, raising concerns over the resilience of supply networks and potential knock-on effects in global oil markets.</p>
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