Refined Products

Iran’s oil tanker fleet being squeezed as sanctions bite

LONDON/DUBAI (Reuters) – Iran is running short of options to replace its aging fleet of tankers and keep oil exports flowing because renewed U.S. sanctions are making potential sellers and flag registries wary of doing business with Tehran, Western and Iranian sources said.

Trump to put biofuel reform push on ice, for now: sources

NEW YORK (Reuters) – The Trump administration will delay any moves to reform the nation’s biofuel policy for about three months, according to three sources briefed on the matter – a decision one of the sources said was meant to shield farmers worried about a potential trade war with China.