Energy Policy

EU Formally Approves Embargo on Russia Oil

The European Union on Friday formally approved an embargo on Russian oil and other sanctions targeting major banks and broadcasters over Moscow’s war on Ukraine. EU headquarters says Russian crude oil will be phased out over six months, and other refined petroleum products over eight months. It says that “a …

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Iran Ready to Cooperate with Bulgaria in Energy Field

In a meeting with the Bulgarian official, Iran’s Deputy Foreign Minister for Economic Diplomacy said that Iran is ready to cooperate with Bulgaria in the energy field. During the meeting held with Deputy Minister of Foreign Affairs of Bulgaria Velislava Petrova on Sunday, Mahdi Safari expressed satisfaction with the increase …

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China Warns NATO not to Interfere in Asia

China increasingly sees the war in Ukraine — and the roles of the United States and its NATO allies in backing Kyiv against Moscow — as a reflection of future tensions to come between the military bloc and Beijing in the Indo-Pacific. Ever since Russian tanks first crossed into Ukraine …

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