Iraq exported 3.543 million bpd of crude oil in July.

Turkey offered its support to Qatar when a Saudi-led embargo isolated Doha in the spring of 2017.

Iran'.s oil production in July increased to 3.806 million bpd. a 4.000 bpd rise from 3.802 million bpd in June.

The European Union had earlier vowed resist US sanctions on Tehran.

Not a single tanker has loaded crude oil from the United States bound for China since the start of August.

The Iranian Oil Ministry called the US efforts to cut Iran oil exports a futile attempt.

The cryptocurrency was launched in February this year despite opposition from parliament.

Iran’s non-oil trade with other countries registered a $271 million positive balance and non-oil exports also increased 14.69 percent.

Venezuela. like most oil producing countries. has for decades subsidized fuel as a benefit to consumers.

TANAP will account for 10 percent of all gas imports to Turkey. which is important in terms of diversifying supplies.