The National Development Fund of Iran had already been impacted by the US sanctions. and the new round of Washington’s bans against Tehran will have no influence on the activities of the entity.
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The attacks early on Saturday morning knocked 5% off the world’s total oil supply.
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Recent attacks on Saudi oil facility would have short-term impacts on oil market.
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Iran has given another two months to the European signatories to take meaningful action to save the JCPOA.
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Iran’s Minister of Energy announced that the formalities for a €1.2-billion loan were exchanged between finance ministries of his country and Russia. adding that Tehran will use the money for constructing a major electricity project South of Iran.
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US &. its clients are stuck in Yemen because of illusion that weapon superiority will lead to military victory.
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The abundance of low-cost natural gas has resulted in gas-fired generation overtaking coal-fired generation in the power sector.
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Demand for OPEC crude will average 29.40 million bpd in 2020. down 1.2 million bpd from this year.
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