Tag Archives: Export

U.S. Refiners Are Preparing For A Potential Fuel Export Ban

U.S. Refiners Are Preparing For A Potential Fuel Export Ban

U.S. refineries are preparing themselves for the possibility that President Biden could impose a ban on fuel exports after the White House dangled the threat of the ban in front of refiners. No action has been taken to date, but with the mid-terms coming up and fuel prices continuing to rise, this could soon change. Earlier this month, the White House requested that the U.S. Department of Energy (DoE) assess the potential impact of banning fuel exports – including gasoline, diesel, and… Source link

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Yandex Says Not Targeted by Sanctions, Analyzing Export Controls

By Josh Beckerman Yandex NV said the company and its subsidiaries aren’t a target of sanctions against Russia, nor are any members of its board, management or principal shareholders. The search engine and ride-hailing company, in an “update on the impact of current geopolitical developments,” said it is analyzing new export controls and working closely with vendors. Yandex is one of several U.S.-listed Russian stocks that have been halted after Russia’s invasion of… Source link

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