Sentences with phrase «banned oil imports»

This marks the provision's first use since the U.S. banned oil imports from Libya in 1982.

Not exact matches

Even though the White House has said that «all options are on the table,» the most likely action, banning Venezuela from importing U.S. oil, could come as early as Monday.

The U.N. Security Council has unanimously boosted sanctions on North Korea since 2006 in a bid to choke off funding for Pyongyang's nuclear and ballistic missile programs, banning exports including coal, iron, lead, textiles and seafood, and capping imports of crude oil and refined petroleum products.

The United Nations Security Council on Monday unanimously approved new sanctions against North Korea, the harshest yet — capping North Korea's oil imports, banning textile exports, ending additional overseas labor contracts.

Maduro's administration has pointedly claimed that the people who will be hurt most by the sanctions aimed at stymieing the nation's ballooning debt will be shareholders in the U.S. Indeed, there is outcry that the potential banning of oil imports from Venezuela — the 3rd biggest supplier of oil to the U.S. behind Canada and Saudi Arabia — will dramatically drive up gasoline prices and hurt the U.S. job market.

A more severe action reportedly under consideration would be a ban on Venezuelan crude oil imports into the U.S., which would likely have far - reaching implications for Venezuela, the U.S., and the oil market.

A ban on Venezuelan oil would strain the market for heavy crude in the U.S., which is already tightening because of declining imports of medium sour oil from Saudi Arabia.

The first item should be a ban on any imports of Canadian tar sand oil to the U.S., plus pressure on Canada to shut down those operations.

The LCFS would essentially ban imports to California of fuels derived from unconventional sources such as oil sands from Canada, oil shale from the Western US, or domestic coal supplies that can be converted into transportation fuels.

Photograph: Anna Gowthorpe / PA Ministers have been urged to bring forward their 2040 ban on new diesel and petrol car sales by a decade, a move which an environmental thinktank said would almost halve oil imports and largely close the gap in the UK's climate targets.

As the U.N. Council approved new sanctions which went against North Korean economy by capping imports of crude oil and banning condensates and natural gas, the hacking activity might just get a newfound impetus to sustain its financial requirement.