Venezuela. plus Iran and Libya. were exempted from making voluntary curbs under the OPEC+ deal.

TAPI is an important linchpin in the realization of the New Silk Road in the arena of energy.

The sudden risk to Libya’s oil supply comes at a time when the broader global oil market is tightening.

In this paper. a detailed analysis and design procedure of the AHB flyback converter for the universal line-voltage range is provided. The analysis of operation is illustrated by simulation waveforms obtained in Simplis. It is shown that the primaryside switches operate with zero-voltage switching (ZVS). whereas. the secondary-side rectifier operates …

Indian refiners are holding back from ordering Iranian oil for loading in May pending clarity on whether Washington will extend a waiver from US sanctions against the OPEC-member. four sources said.

Iran says Saudi Arabia and Bahrain are habituated to following their extra-regional master the United States. shortly after the two Arab states welcomed a decision by Washington to blacklist an Iranian military force.

Iran’s second largest airline. Mahan Air. has launched direct flights to the Venezuelan capital Caracas. marking a further strengthening of bilateral ties as the US tightens sanctions screws on both countries.

London-based Standard Chartered has been fined $1.1 billion by US authorities for allegedly breaching sanctions against Iran and other countries.

Iranian exports of crude oil and condensate have surged to levels near before sanctions. surprising market observers and affording the country an important victory in a US economic war on Tehran.