Earlier this month. Iran has cut electricity supplies to Iraq due to unpaid bill. affecting Iraq’s Dhi Qar. Maysan and Basra provinces.
Read More »Mnuchin: U.S. will Consider some Waivers on Iran Sanctions
The Trump administration has said there are more than 50 foreign companies that have withdrawn their business from Iran.
Read More »Lavrov Criticizes US Claims about Nord Stream 2
The US has repeatedly urged European countries to not participate in Nord Stream 2.
Read More »Mogherini: EU in Full Support of Libya
The EU fully supports the Presidential Council and its efforts to stabilize Libya.
Read More »EU Firms Ask US to Let Them Trade with Iran
Germany. Britain and France have asked the Trump Administration to provide exemptions for EU companies.
Read More »German FM: ‘We are not Captives’ of Russia or US
Heiko Maas'.s remarks come in response to US President Trump’s criticism over Russia'.s sale of natural gas to Germany.
Read More »How Saudi Arabia Sets Its Oil Prices
Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.
Read More »5 World Powers Back Iran`s Oil Exports Despite US Sanctions Threat
Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.
Read More »EU Tries to Save Iran Nuclear Deal
Iranian officials have said that key for them is to ensure measures that guarantee oil exports do not halt.
Read More »Iran Only Import Goods from Countries that Buy Its Oil
Iran is OPEC'.s second-largest crude exporter with more than 2 million barrels a day.
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