Energy Policy

The United States would like to weaken Russia’s energy cooperation with the European Union.

JCPOA is the official title of the nuclear deal. which stands for the Joint Comprehensive Plan of Action.

US is trying to ensure that India reduces oil imports from Iran.

US President Donald] Trump himself barred US companies from entering Iran. we did not shut the way down.

The current reduction deal is sufficient to achieve the desired purpose.

A potential military confrontation in the Arab Persian Gulf should not be ruled out. It will unquestionably block oil and gas lanes. and spike oil prices to unknown levels.

Oil prices have fluctuated this year. falling below $45 a barrel and going above $59.

Alekperov is Lukoil'.s largest shareholder and owns about a quarter of the firm.

OPEC realized the importance of working with Russia two decades ago. but the Russians did not understand the importance of working with OPEC until lately.

Russia and China are growing their partnership and investment links as Moscow scrambles to find ways to fund oil and gas projects that are made difficult under Western sanctions.