High oil prices have been a pervasive concern for India.
Read More »Middle East Oil Shipping Rates Surge as US-Iran Tensions Grow
Rates for transporting 2 million barrel cargoes from Saudi Arabia to China has jumped to almost $26.000 a day.
Read More »Iran Eyeing More Trade with Turkey
Iranian Foreign Minister Mohammad Javad Zarif. in a meeting with his Turkish counterpart Mevlut Cavusoglu in the central city of Isfahan. said that his country is ready to significantly increase the volume of trade with Turkey.
Read More »China Buys Iran`s LPG Despite Sanctions
The predicament of the Chinese buyers underscores how the White House’s aggressive trade and foreign policy is disrupting global commodity flows.
Read More »Security Situation in Middle East Threatened Exxon’s Iraqi Oil Deal
The deal will involve the development of two oil fields in southern Iraq.
Read More »Russia. India Discuss IPI Gas Agreement
Russia is currently discussing signing a memorandum with India on the Iran-Pakistan-India (IPI) gas pipeline project.
Read More »EU Prepares to Impose Sanctions on Turkey over Gas Drilling
The European Council expresses serious concerns over Turkey'.s current illegal drilling activities in the Eastern Mediterranean.
Read More »Despite Tensions. Turkey will Send Second Drilling Ship off Cyprus
The crisis in the eastern Mediterranean also affected the EU enlargement plans.
Read More »Hyundai Motor. Aramco will Cooperate on Hydrogen
South Korean carmaker Hyundai Motor will partner Aramco on the ``comprehensive`` development of hydrogen energy.
Read More »Consultations Underway to Further Ease Iran-Iraq Trade Flow
Iranian officials. diplomats and traders are consulting with their Iraqi counterparts to further ease commercial and economic interactions between the two neighboring countries. said Ahmad Siahpush. the Consul General of the Islamic Republic in Basra.
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