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Blue Bird Coal Committed to Focus Indigenous Development

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  • Kuwait Declares Force Majeure as U.S. Seizure of Iranian Ship Escalates Tensions April 20, 2026
    Kuwait has declared force majeure on shipments of crude oil and refined products after disruptions at the Strait of Hormuz prevented some vessels from entering the Persian Gulf. The move comes as tensions in the Strait escalated again following the U.S. seizure of an Iranian-flagged cargo vessel in the waterway. According to Reuters, Kuwait Petroleum […]
  • Sanctions Relief Helps Fuel Russia’s War Machine as Oil Revenues Jump April 20, 2026
    Ukrainian President Volodymyr Zelenskyy has criticized an easing of sanctions on Russian energy, writing on X that "every dollar paid for Russian oil is money for the war." His statement on April 19 comes after the United States prolonged its Russian oil waiver earlier in the week with figures showing that Moscow nearly doubled its […]
  • World’s Biggest Physical Oil Trader Warns of Months of Price Volatility April 20, 2026
    Seasonally lower demand ahead of the peak summer driving season and the continued turbulence in the Middle East could extend the violent oil price swings for months ahead, the top executive of oil trader Gunvor has told the Financial Times. “It is a little bit of a more challenging, softer period that we need to […]
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