Oil Market News, OPEC+, sanctions and price shocks

Welcome to the Precious Metals Bug Forums

Welcome to the PMBug forums - a community supported watering hole for folks interested in gold, silver, precious metals, sound money, investing, market and economic news, central bank monetary policies, politics and more.

Register a free account to join the discussions. When you register an account and log in, you may enjoy additional benefits including access to market data/charts and additional members only rooms (including one for trade/barter with the community).

Freedom Fuel retailer faces wholesaler lawsuit alleging millions of dollars in nonpayment​

PHILADELPHIA (KYW Newsradio) — A fuel wholesaler is suing members of the Freedom Fuel Network in federal court for nearly $4 million in unpaid deliveries, which is leading some to say its discounts are simply the result of unpaid bills.

The fuel retailer KRSM and owner Syed Kazmi, part of the Freedom Fuel Network, are accused of not paying the Mansfield Oil Company for 1.1 million gallons of gas delivered from May 21 through July 7.

More:

https://www.msn.com/en-us/money/eco...rs-in-nonpayment/ar-AA2bstkz?ocid=socialshare
 
How much oil is actually getting through the Strait of Hormuz? | DW News

Sep 3, 2026 #dwcurrentaffairs
Despite months of conflict, attacks on Gulf states and continuing disruption in the Strait of Hormuz, oil supplies remain well above worst-case forecasts. Why? We ask Atlantic Council energy expert Ben Cahill how much oil is still flowing, and why it is so difficult to have an exact answer.

11:17
 
Cookies are required to use this site. You must accept them to continue using the site. Learn more…