Power plants are moving toward replacing polluting fuels with natural gas as a cleaner energy resource.

Instead of making payments to Iran. India used the money for other activities such as making investments of its own.

The European Commission requested the mandate to hold talks with Russia on Nord Stream 2 gas pipeline from the European Union member-states on June 9.

Fuel prices in Iran are among the cheapest in the world even after the government cancelled offering oil products at subsidized prices in May 2015.

Both Total and Shell have signed a memorandum of understanding (MoU) with Iran on Petrochemical sphere in 2016.

On July 26 oil prices continue rising.

The U.S. Treasury Department will issue a sanctions announcement later on Wednesday.

The pipeline will address gas shortages in the Semnan. Golestan. Mazandaran. North Khorasan. Khorasan Razavi. and South Khorasan provinces.

Tillerson has a growing list of differences with the White House. including a new debate over Iran policy and personnel.

The acquisition became effective on 29 June after confirmation from the US Bankruptcy Court for the Southern District of Texas.