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b'Oil prices rise as Middle East tensions simmer
https://www.reuters.com/article/us-global-oil/oil-prices-rise-as-middle-east-tensions-simmer-idUSKCN1TP02I
What\\u2019s driving the geopolitical premium on oil prices? Risk to oil tankers is still there but risk of war seems averted, so prices may be driven more by threat of war than actual threats to oil supply

Suspected Iranian Oil Caught in Sanctions Trap
https://www.wsj.com/articles/suspected-iranian-oil-caught-in-sanctions-trap-11560966215?
Eni rejected a cargo of oil from Iraq that it suspected wasn\\u2019t Iraqi oil
Tanker Trackers investigation concluded that the oil did come from Iran. Who is culpable here? Onus for sanctions on importers of Iranian oil.

Unit at Philadelphia refinery completely destroyed in fire: sources
https://www.reuters.com/article/us-usa-refinery-blast/unit-at-philadelphia-refinery-completely-destroyed-in-fire-sources-idUSKCN1TO0SZ
Major refinery - largest on east coast - could impact gasoline prices
Struggled through bankruptcy - check out Ellen\\u2019s Forbes piece from last year looking into the role that the Renewable Fuel Standard played in the refinery\\u2019s financial struggles: https://www.forbes.com/sites/ellenrwald/2018/01/22/ethanol-policy-puts-philadelphia-refinery-into-bankruptcy/#38e094cf37e6

Russia Seeking Concessions With Maduro Regime To Access Natural Gas Resources
https://en.businesstimes.cn/articles/114062/20190621/russia-seeking-concessions-with-maduro-regime-to-access-natural-gas-resources.htm
Is this to help pay the Russian \\u201cadvisors\\u201d?
Rosneft wants to built LNG processing plant and send natural gas via pipeline to Trinidad
Has China pulled back? Will the US catch on and want to sanction natural gas from Venezuela?

Feature: As Middle East attacks intensify, Iraq warily eyes its vital oil gateway
https://www.spglobal.com/platts/en/market-insights/latest-news/oil/062119-middle-east-attacks-intensify-iraq-eyes-vital-oil-gateway
Difficult for Iraq to export oil because it has very little coastline along the Persian Gulf (one of the main causes of the Gulf War, when Saddam Hussein invaded Kuwait and got a lot more coastline and easy access to the Gulf-until he was defeated.

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