2 results for "oil market"

Global Oil Reserves Plunge at Record Pace Amid Middle East Conflict Impacting Energy Markets

Global oil stocks fell by a record 200 million barrels in April amid Middle East conflict, tightening supplies and raising energy market volatility with broad fintech sector implications.

Editorial Team · May 6, 2026

Business

US Extends Suspension of Sanctions on Russian Oil Shipments Until May 16

The US has extended its waiver on sanctions for Russian oil shipments until May 16, raising concerns about sanction evasion and implications for fintech compliance and digital payments.

Editorial Team · Apr 18, 2026