The Trump administration announced new sanctions on Iran'.s metals sectors. steel. aluminum and copper industries. on Wednesday.
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Bilateral trade between Riyadh and New Delhi currently stands at $28 billion.
Read More »Mediterranean Gas and Turkey-EU Ties
Turkey wants to diversify its energy sources.
Read More »China Leads Global Crude Oil Imports
China imported 10.68 million barrels per day (bpd) of oil in April.
Read More »China Defends Trade Ties with Tehran after US Sanctioned Iran’s Metal Industry
China is Iran’s biggest oil client .
Read More »China’s Thirst for Saudi Oil
China stepped up purchases of Saudi oil in the first four months of this year.
Read More »Iraq Still Needs Iran’s Gas. Electricity
Iraq is seeking self-sufficiency in various spheres including electricity and gas.
Read More »Oil Prices Gain as China Set for Trade Talks with US
The U.S. goods and services trade deficit with China was $378.6 billion in 2018.
Read More »US Can’t Ensure Cheap Oil Supply to India
India’s total crude oil imports for FY19 was marginally down to 209.4 million tonne.
Read More »Global Shares. Oil Slump after Trump Vows China Tariff Hike
The risk for Trump is that the Chinese don’t play ball and don’t go ahead with the negotiation.
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