Trending News: Analysts Examine What Tariff Decision Means for OilIndustry trio team up to scale UK north-west carbon captureFT Uncovers $90 Billion Russian Oil Smuggling OperationWood Mackenzie Says Big Oil’s Strategy Has Snapped Back to UpstreamQueensland secures funding for agri-to-biomethane facilityUSA DeBusk expands with Extreme Nitrogen acquisitionU.S.-Iran Tensions Threaten to Send Oil Tanker Rates SoaringUK Plans to Cut Carbon Costs for Refineries after ClosuresTrump Tariff Reversal Could Cut Costs for US Energy Firms But Will Likely Leave Broader Flows UnchangedOil Rises Late, Settles Higher and With Weekly Gain on Iran-US JittersUS Judge Upholds $243 Million Verdict Against Tesla Over Fatal Autopilot CrashTXNM Energy Gets FERC Approval for $11.5 Billion Blackstone DealWindForce PLC Secures 120 MW Grid-Scale Battery Storage Projects In Sri LankaJapan Advances Space-Based Solar Power Project To Beam Energy From OrbitTürkiye And Saudi Arabia Sign 2,000 MW Solar Power Deal To Boost Clean Energy CooperationRwanda Secures $300 Million Boost To Expand Solar Access, Clean Cooking, And Grid ConnectionsNTPC Invites Bids For Solar High Mast Project At Vindhyachal Plant Under CSR 2025–26 In Madhya PradeshConocoPhillips Considers Selling Permian Assets Worth $2 Billion, Bloomberg News ReportsUS Drillers Keep Oil and Natgas Rig Count Unchanged for Second Week in a Row, Says Baker HughesUS Lawmakers Plan Iran War Powers Vote as Trump Weighs StrikesChina Hikes Russian Crude Imports as India RetreatsSupreme Court Rules That Trump’s Sweeping Emergency Tariffs Are IllegalUS Negotiating With India on Venezuelan Oil Sale, US Envoy SaysEnergy Transfer Terminates Offtake Agreements with Some Customers of Suspended Lake Charles LNG ProjectHungary Taps Strategic Oil Reserves After Druzhba Pipeline HaltAI Boom Faces Power Crisis Without Global Renewable SurgeTullow Oil Strikes Major Refinancing Deal with GlencoreUS Supreme Court rules against country tariffs policyAtlas Copco acquires US leak detection specialist LACOAir Liquide books €200m restructuring charge, majority tied to EuropeAir Liquide books €200m restructuring charge, majority tied to EuropeHelium is “gas of the future” offering unprecedented demandOil Heads for First Weekly Gain in Three as US-Iran Tensions RiseOil Prices Head for First Weekly Gain Since January on Iran TensionsShell Moves Ahead With Venezuela Gas Project After U.S. Sanctions ReliefSaudi Oil Exports to India Surge to Highest Level Since 2020Air Liquide embraces old and new business dynamicsAir Liquide embraces old and new business dynamicsAir Liquide expands electronics business with €2bn pipelineMorningstar Predicts Likeliest Iran OutcomeKampong Chhnang National Solar Park Sets Benchmark For Cambodia’s Clean Energy TransitionGlobal Cleantech Expo-Odisha Highlights India’s Renewable Energy Growth and MSME-Led Clean Tech InnovationMitsui & Co., Ltd. Signs 18 MW Virtual PPA With NIKE Japan Group, LLC For Solar Energy SupplyVietnam Leads Global Solar PV Manufacturing Outside China—ReportBulgaria’s Lukoil Refinery Slashes Costs By $8 MillionOil Demand Slumped by 614,000 Bpd in December on U.S. DeclineERC Hosts EGATi Delegation to Strengthen Philippine-Thailand Energy CooperationSaudi Oil Catches Up as India Buyers Navigate Russia SanctionsVideo | Virginia Esly: gasworld’s Specialty Gas Summit 2026Air Liquide lifts margin above 20% in full-year 2025 resultsDeveloper secures funding for New South Wales biohubCenovus Energy Q4 Earnings Skyrocket on Record ProductionUS Distillate Fuel Demand Rose in Latest Week to Four-Year High Last Week, EIA SaysCopenhagen Atomics secures thorium supply from NorwayUrenco installs innovative heat network at Dutch siteIllinois governor aims to speed up nuclear new-buildTerraPower’s Natrium reactor enters UK GDA processPrivate Equity Targets Clean Energy After Steep Drop-Off in 2025Trump-Backed Gas Project Has Competitors Rattled Over RisksEQT Expects $1 Billion Windfall on Storm-Driven Gas Price RallyTrump Admin Threatens To Withdraw From IEA Over Net Zero AgendaHungary Weighs Cutting Power and Gas Shipments to UkrainePipeline Operator Kinetik Prepares Sale ProcessTrump Presses Iran to Make ‘Meaningful’ Deal, Appears to Set 10-Day DeadlineUS Crude and Fuel Stocks Fall, EIA SaysIndia Considers Boosting Imports of U.S. Oil and CoalNigeria to Channel All Oil Proceeds to Boost Federal FinancesSpain’s Repsol Reveals Massive $5.4 Billion Debt From VenezuelaTurkey Opposes Greece-Chevron Exploration Deal Offshore CreteINOX backs Indian Railways LNG trial with 40% diesel cutUpcoming webinar: How is digital gas detection tech reshaping safety?Upcoming webinar: How is digital gas detection tech reshaping safety?CarbonQuest lands first CCS contract in CanadaCarbon Neutral Fuels selects industry trio for first UK wastewater SAF projectOil Prices Extend Gains on Concern Over Potential US-Iran ConflictUS Energy Secretary Wright Pressures IEA to Quit Net Zero AgendaOil Companies Jostle for Projects to Boost Venezuelan Output Quickly; A Real Grind AwaitsU.S. to Redirect Venezuelan Oil Royalties Into a Treasury-Controlled FundCalifornia Leads 13 States in Lawsuit Over Canceled Clean Energy FundsDNV launches industrial services divisionOil Extends Wednesday RallyWeek in Africa: KenGen & Kenya Power Profit Surge; EGA Expands SA Solar Manufacturing and More…Philippines REC Market Set To Double By 2032 Amid Clean Energy PushGlobal clean power PPAs fall for first time in a decadeAlternergy Holdings Corporation Reports Q2 FY2026 Profit Growth Driven By Solar ExpansionDepartment Of Energy Approves Hybrid Microgrid Project To Deliver 24/7 Power In Quezon ProvinceOman Emerges As A Global Renewable Energy Manufacturing Hub Under Vision 2040Ovintiv To Sell Anadarko Energy Assets In $3 Billion DealLibya Awards Fuel Supply Deals To Western Firms, Aims To Cut Russian ImportsU.S. Crude Oil Inventories Plunge Following Massive BuildVideo | Virginia Esly: Messer’s Hyoffwind projectExxonMobil brings second Louisiana CCS project onlineRussia Slows Oil Drilling as Funds under PressureLegal coalition sues US federal government over clean energy spending curbsLegal coalition sues US federal government over clean energy spending curbsLegal coalition sues US federal government over clean energy spending curbsIreland gains insights from UK’s first industrial scale biomethane plantUS Natural Gas Futures Sink to Four-Month Low on Warm ForecastUS Energy Chief Downplays Interest in Greenland’s Rare EarthsJapan, US Reach $36 Billion of Gas, Mineral Deals in Trump Pact
Mon. Feb 23rd, 2026
Trending News: Analysts Examine What Tariff Decision Means for OilIndustry trio team up to scale UK north-west carbon captureFT Uncovers $90 Billion Russian Oil Smuggling OperationWood Mackenzie Says Big Oil’s Strategy Has Snapped Back to UpstreamQueensland secures funding for agri-to-biomethane facilityUSA DeBusk expands with Extreme Nitrogen acquisitionU.S.-Iran Tensions Threaten to Send Oil Tanker Rates SoaringUK Plans to Cut Carbon Costs for Refineries after ClosuresTrump Tariff Reversal Could Cut Costs for US Energy Firms But Will Likely Leave Broader Flows UnchangedOil Rises Late, Settles Higher and With Weekly Gain on Iran-US JittersUS Judge Upholds $243 Million Verdict Against Tesla Over Fatal Autopilot CrashTXNM Energy Gets FERC Approval for $11.5 Billion Blackstone DealWindForce PLC Secures 120 MW Grid-Scale Battery Storage Projects In Sri LankaJapan Advances Space-Based Solar Power Project To Beam Energy From OrbitTürkiye And Saudi Arabia Sign 2,000 MW Solar Power Deal To Boost Clean Energy CooperationRwanda Secures $300 Million Boost To Expand Solar Access, Clean Cooking, And Grid ConnectionsNTPC Invites Bids For Solar High Mast Project At Vindhyachal Plant Under CSR 2025–26 In Madhya PradeshConocoPhillips Considers Selling Permian Assets Worth $2 Billion, Bloomberg News ReportsUS Drillers Keep Oil and Natgas Rig Count Unchanged for Second Week in a Row, Says Baker HughesUS Lawmakers Plan Iran War Powers Vote as Trump Weighs StrikesChina Hikes Russian Crude Imports as India RetreatsSupreme Court Rules That Trump’s Sweeping Emergency Tariffs Are IllegalUS Negotiating With India on Venezuelan Oil Sale, US Envoy SaysEnergy Transfer Terminates Offtake Agreements with Some Customers of Suspended Lake Charles LNG ProjectHungary Taps Strategic Oil Reserves After Druzhba Pipeline HaltAI Boom Faces Power Crisis Without Global Renewable SurgeTullow Oil Strikes Major Refinancing Deal with GlencoreUS Supreme Court rules against country tariffs policyAtlas Copco acquires US leak detection specialist LACOAir Liquide books €200m restructuring charge, majority tied to EuropeAir Liquide books €200m restructuring charge, majority tied to EuropeHelium is “gas of the future” offering unprecedented demandOil Heads for First Weekly Gain in Three as US-Iran Tensions RiseOil Prices Head for First Weekly Gain Since January on Iran TensionsShell Moves Ahead With Venezuela Gas Project After U.S. Sanctions ReliefSaudi Oil Exports to India Surge to Highest Level Since 2020Air Liquide embraces old and new business dynamicsAir Liquide embraces old and new business dynamicsAir Liquide expands electronics business with €2bn pipelineMorningstar Predicts Likeliest Iran OutcomeKampong Chhnang National Solar Park Sets Benchmark For Cambodia’s Clean Energy TransitionGlobal Cleantech Expo-Odisha Highlights India’s Renewable Energy Growth and MSME-Led Clean Tech InnovationMitsui & Co., Ltd. Signs 18 MW Virtual PPA With NIKE Japan Group, LLC For Solar Energy SupplyVietnam Leads Global Solar PV Manufacturing Outside China—ReportBulgaria’s Lukoil Refinery Slashes Costs By $8 MillionOil Demand Slumped by 614,000 Bpd in December on U.S. DeclineERC Hosts EGATi Delegation to Strengthen Philippine-Thailand Energy CooperationSaudi Oil Catches Up as India Buyers Navigate Russia SanctionsVideo | Virginia Esly: gasworld’s Specialty Gas Summit 2026Air Liquide lifts margin above 20% in full-year 2025 resultsDeveloper secures funding for New South Wales biohubCenovus Energy Q4 Earnings Skyrocket on Record ProductionUS Distillate Fuel Demand Rose in Latest Week to Four-Year High Last Week, EIA SaysCopenhagen Atomics secures thorium supply from NorwayUrenco installs innovative heat network at Dutch siteIllinois governor aims to speed up nuclear new-buildTerraPower’s Natrium reactor enters UK GDA processPrivate Equity Targets Clean Energy After Steep Drop-Off in 2025Trump-Backed Gas Project Has Competitors Rattled Over RisksEQT Expects $1 Billion Windfall on Storm-Driven Gas Price RallyTrump Admin Threatens To Withdraw From IEA Over Net Zero AgendaHungary Weighs Cutting Power and Gas Shipments to UkrainePipeline Operator Kinetik Prepares Sale ProcessTrump Presses Iran to Make ‘Meaningful’ Deal, Appears to Set 10-Day DeadlineUS Crude and Fuel Stocks Fall, EIA SaysIndia Considers Boosting Imports of U.S. Oil and CoalNigeria to Channel All Oil Proceeds to Boost Federal FinancesSpain’s Repsol Reveals Massive $5.4 Billion Debt From VenezuelaTurkey Opposes Greece-Chevron Exploration Deal Offshore CreteINOX backs Indian Railways LNG trial with 40% diesel cutUpcoming webinar: How is digital gas detection tech reshaping safety?Upcoming webinar: How is digital gas detection tech reshaping safety?CarbonQuest lands first CCS contract in CanadaCarbon Neutral Fuels selects industry trio for first UK wastewater SAF projectOil Prices Extend Gains on Concern Over Potential US-Iran ConflictUS Energy Secretary Wright Pressures IEA to Quit Net Zero AgendaOil Companies Jostle for Projects to Boost Venezuelan Output Quickly; A Real Grind AwaitsU.S. to Redirect Venezuelan Oil Royalties Into a Treasury-Controlled FundCalifornia Leads 13 States in Lawsuit Over Canceled Clean Energy FundsDNV launches industrial services divisionOil Extends Wednesday RallyWeek in Africa: KenGen & Kenya Power Profit Surge; EGA Expands SA Solar Manufacturing and More…Philippines REC Market Set To Double By 2032 Amid Clean Energy PushGlobal clean power PPAs fall for first time in a decadeAlternergy Holdings Corporation Reports Q2 FY2026 Profit Growth Driven By Solar ExpansionDepartment Of Energy Approves Hybrid Microgrid Project To Deliver 24/7 Power In Quezon ProvinceOman Emerges As A Global Renewable Energy Manufacturing Hub Under Vision 2040Ovintiv To Sell Anadarko Energy Assets In $3 Billion DealLibya Awards Fuel Supply Deals To Western Firms, Aims To Cut Russian ImportsU.S. Crude Oil Inventories Plunge Following Massive BuildVideo | Virginia Esly: Messer’s Hyoffwind projectExxonMobil brings second Louisiana CCS project onlineRussia Slows Oil Drilling as Funds under PressureLegal coalition sues US federal government over clean energy spending curbsLegal coalition sues US federal government over clean energy spending curbsLegal coalition sues US federal government over clean energy spending curbsIreland gains insights from UK’s first industrial scale biomethane plantUS Natural Gas Futures Sink to Four-Month Low on Warm ForecastUS Energy Chief Downplays Interest in Greenland’s Rare EarthsJapan, US Reach $36 Billion of Gas, Mineral Deals in Trump Pact
Mon. Feb 23rd, 2026

Trump Signals US May Need to Ease Iran Oil Sanctions to Help Rebuild Country

(Reuters) – President Donald Trump said on Wednesday that the U.S. has not given up its maximum pressure on Iran – including restrictions on sales of Iranian oil – but signaled a potential easing in enforcement to help the country rebuild.

“They’re going to need money to put that country back into shape. We want to see that happen,” Trump said at a news conference at the NATO Summit when asked if he was easing oil sanctions on Iran. Trump said a day earlier that China can continue to purchase Iranian oil after Israel and Iran agreed to a ceasefire, but the White House later clarified that his comments did not indicate a relaxation of U.S. sanctions.

Get the Latest US Focused Energy News Delivered to You! It’s FREE:

Trump imposed waves of Iran-related sanctions on several of China’s independent “teapot” refineries and port terminal operators for purchases of Iranian oil.

Reporting By Jeff Mason and Jarrett Renshaw; Editing by Chizu Nomiyama

Share This:

Next Article

 

More News Articles

 

    • Related Posts

    Oil Rises Late, Settles Higher and With Weekly Gain on Iran-US Jitters
    Oil Rises Late, Settles Higher and With Weekly Gain on Iran-US Jitters

    Summary Oil prices hold near six-month high Strait of Hormuz supply risk fears US Supreme Court decision on tariffs has little effect on crude Traders and investors bet on rising…

    Continue reading
    Trump Tariff Reversal Could Cut Costs for US Energy Firms But Will Likely Leave Broader Flows Unchanged
    Trump Tariff Reversal Could Cut Costs for US Energy Firms But Will Likely Leave Broader Flows Unchanged

    The U.S. Supreme Court’s Friday decision to strike down trade tariffs imposed by President Donald Trump last year may ease costs for some oil producers and drillers, but experts and…

    Continue reading

    Have You Seen?

    Oil & Gas

    Analysts Examine What Tariff Decision Means for Oil

    • February 23, 2026
    Analysts Examine What Tariff Decision Means for Oil
    Gas

    Industry trio team up to scale UK north-west carbon capture

    • February 23, 2026
    Industry trio team up to scale UK north-west carbon capture
    Oil & Gas

    FT Uncovers $90 Billion Russian Oil Smuggling Operation

    • February 23, 2026
    FT Uncovers $90 Billion Russian Oil Smuggling Operation
    Oil & Gas

    Wood Mackenzie Says Big Oil’s Strategy Has Snapped Back to Upstream

    • February 23, 2026
    Wood Mackenzie Says Big Oil’s Strategy Has Snapped Back to Upstream
    Gas

    Queensland secures funding for agri-to-biomethane facility

    • February 23, 2026
    Queensland secures funding for agri-to-biomethane facility
    Gas

    USA DeBusk expands with Extreme Nitrogen acquisition

    • February 23, 2026
    USA DeBusk expands with Extreme Nitrogen acquisition
    Oil & Gas

    U.S.-Iran Tensions Threaten to Send Oil Tanker Rates Soaring

    • February 23, 2026
    U.S.-Iran Tensions Threaten to Send Oil Tanker Rates Soaring
    Oil & Gas

    UK Plans to Cut Carbon Costs for Refineries after Closures

    • February 23, 2026
    UK Plans to Cut Carbon Costs for Refineries after Closures
    Business & Policy

    Trump Tariff Reversal Could Cut Costs for US Energy Firms But Will Likely Leave Broader Flows Unchanged

    • February 21, 2026
    Trump Tariff Reversal Could Cut Costs for US Energy Firms But Will Likely Leave Broader Flows Unchanged
    Business & Policy

    Oil Rises Late, Settles Higher and With Weekly Gain on Iran-US Jitters

    • February 21, 2026
    Oil Rises Late, Settles Higher and With Weekly Gain on Iran-US Jitters