Energy Policy

Iran. which has the world’s fourth-biggest oil reserves. produces about 3.8 million barrels of oil per day.

The UAE Energy Minister says not worried about how sanctions on some member countries are going to affect how OPEC deals with things.

Mogherini stressed that the sides should jointly work on the lifting of sanctions as an integral part of the historic nuclear deal.

Trump and his trade team have cracked down on China heavily since March.

China took almost a quarter of Iran’s exports in 2017.

China took almost a quarter of Iran’s exports in 2017.

Former Shell Oil President John Hofmeister said leaving the Iran nuclear deal carries long-term implications on the price of oil.

Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.

The government has announced big ambitions to transform the economy by diversifying away from oil.

The government has announced big ambitions to transform the economy by diversifying away from oil.