Become a member Get the best offers and updates relating to Liberty Case News. ï¹¢ Subscribe BusinessStrait of Hormuz Is Open During Cease-Fire in Lebanon, U.S. and Iran SayApril 17, 2026 BusinessOil Prices Fall Sharply After Iran Says Strait of Hormuz Is OpenApril 17, 2026 WorldSupreme Court Sides With Oil Companies in Louisiana Coastal LawsuitsApril 17, 2026 WorldU.K. Police Investigate Claims Drones Targeted Israeli Embassy in LondonApril 17, 2026 ― Advertisement ― Strait of Hormuz Is Open During Cease-Fire in Lebanon, U.S. and Iran Say Editor - April 17, 2026 0 Friday’s statements raised investors’ hopes that oil and gas would start moving out of the Persian Gulf in significant volumes again. Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open April 17, 2026 0 Supreme Court Sides With Oil Companies in Louisiana Coastal Lawsuits April 17, 2026 0 U.K. Police Investigate Claims Drones Targeted Israeli Embassy in London April 17, 2026 0 FacebookTwitterPinterestWhatsApp HomePoliticsSanctions have choked Russia's oil industry, a key source of Kremlin funds,... Sanctions have choked Russia’s oil industry, a key source of Kremlin funds, Treasury finds By Editor November 20, 2025 2 A Treasury Department analysis indicates that new U.S. sanctions on Russian oil producers have sent prices there tumbling, choking off a key revenue source that Russia has used to fund its war in Ukraine. Previous articleEnergy Department Reorganization Reflects Shift Away From Renewable EnergyNext articleWard Landrigan, Jeweler to the Stars, Dies at 84 Politics Mamdani says he and Trump “are in touch,” have “one place of agreement” April 16, 2026 Politics Mamdani: Democratic socialism “can flourish anywhere” April 16, 2026 Politics Why Jerome Powell — not Trump — will decide when the Fed chief steps down April 16, 2026