Russia Sanctions Shift

In this episode of the Energy News Beat Daily Standup, the host, Stuart Turley covered a range of significant stories today. Iranian oil exports to China have rebounded despite previous crackdowns. There's optimism around potential easing of Russia sanctions as part of a Ukraine peace deal. Diamondback Energy's $4 billion acquisition boosts their presence in the Midland Basin, solidifying their position in the Permian. The UK government's relaunch of the Net Zero Council drew criticism for its feasibility amidst current technology limitations. Trump's policies continue to impact the oil market, causing uncertainty but also potential for growth.Highlights of the Podcast00:00 - Intro01:03 - Iranian Oil Exports to China are rolling01:37 - West will have to reconsider Russia sanctions as part of Ukraine peace deal – Rubio03:40 - Diamondback Boosts Midland Basin Presence With $4-Billion Acquisition05:01 - UK Government relaunches Net Zero Council 06:53 - Trump’s Policy Deluge Is Causing Paralysis in the Oil Market08:35 - OutroPlease see the links below or articles that we discuss in the podcast.Iranian Oil Exports to China are rollingWest will have to reconsider Russia sanctions as part of Ukraine peace deal – RubioDiamondback Boosts Midland Basin Presence With $4-Billion AcquisitionUK Government relaunches Net Zero Council Trump’s Policy Deluge Is Causing Paralysis in the Oil MarketFollow Stuart On LinkedIn and TwitterFollow Michael On LinkedIn and TwitterENB Top NewsEnergy DashboardENB PodcastENB SubstackENB Trading DeskOil & Gas Investing– Get in Contact With The Show –

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