The US has said it intend to bring Iran's oil exports down to zero. In July Iranian crude and condensates exports totaled around 450,000 b/d, which was less than half of the May export figure of 910,000 b/d,

Brian Hook, the U.S. special envoy for Iran, said Wednesday that the U.S. will “continue to drive up the costs” for Tehran’s efforts to develop ballistic missiles and take other actions soon after the Treasury Department imposed new restrictions on a shipping network controlled by Iran’s Islamic Revolutionary Guard Corps.

Brent was up $1.55, or 2.66%, at $59.81 a barrel, West Texas Intermediate futures CLc1 gained $1.56, or 2.66%, to $55.50 a barrel.

Russia's exports of medium sweet ESPO Blend crude oil are expected to total 3.12 million mt in October, up 30% from September, according to the latest monthly loading program.

"Western sanctions have helped deepen Russia-China energy links as Chinese entities have emerged as a source of capital, which in turn has facilitated Chinese financing of the Yamal LNG project as well as the conclusion of the Power of Siberia pipeline," Dr Michal Meidan, director of the China Energy Program at the Oxford Institute for Energy Studies, said.

India and Russia are targeting $30 billion of annual trade by 2025, India’s foreign secretary said on Wednesday as a string of energy deals deepened economic ties between the nations.

Russia's Novatek signed two memoranda of understanding with Indian companies H-Energy Global and Petronet LNG Wednesday on cooperation on LNG supplies and production, on the sidelines of the Eastern Economic Forum in Vladivostok.

U.S. exports of liquefied natural gas (LNG now amount to 10% of the global market and at 22 million tonnes so far this year are equal to the total volumes pumped out in 2018,

the U.S. goods and services deficit was $54.0 billion in July, down $1.5 billion from $55.5 billion in June

Лидеры России и Монголии обсудили широкий круг двусторонних вопросов и обменялись мнениями по актуальной проблематике отношений, отметил Владимир Путин по итогам переговоров. По его словам, Россия на сегодня является одним из ключевых внешнеторговых партнеров Монголии.