Oil Market News, OPEC+, sanctions and price shocks

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As fuel prices rise, US lawmakers push to suspend the federal gas tax

As gas prices approach $4 a gallon nationally amid the conflict in Iran, some lawmakers are pushing to suspend the federal gasoline tax.

apnews.com

 

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Third Dynacom tanker transits Hormuz but trickle of energy outflows still dominated by Iran

A third Dynacom tanker has been confirmed to have exited the Middle East Gulf through the Strait of Hormuz. It is only the 10th non-shadow fleet tanker since March 8 tracked to have exited the chokepoint, where transits are heavily skewed towards Iran-linked trade

www.lloydslist.com