Tag Archives: Asia

Pakistani Prime Minister’s Advisor Abdul Razak Dawood said on Tuesday that his country is willing to enhance trade and economic cooperation with Iran. despite the United States'. unilateral sanctions.

The Persian Gulf and then the Strait of Hormuz are the key export routes of Iraqi crude oil from its southern ports.

Tehran warned the U.S. to stop playing a blame game through ``suspicious`` attacks on oil tankers in the Middle East.

Saudi Arabia hopes OPEC and its allies will agree to extend oil production cuts into the second half of the year at a meeting that will probably take place in the first week of July. according to the country’s energy minister.

Presidents of Iran. Russia. and Azerbaijan will convene in the Russian resort city of Sochi in August to further work on ways to boost tripartite cooperation to form a strong regional bloc of trade and transit.

Japan is the world’s fourth-largest consumer of oil — after the US. China and India.

A report warned that most cyber attacks against Chinese networks in 2018 came from the US. which Chinese experts predicted that the latter is preparing to wage a large-scale cyberwar but Beijing is prepared to launch a strong counterattack.

Senior Iranian lawmaker Ali Motahari said that Washington’s unilateral sanctions have been detrimental even to US’ allies like Japan whose economy has always been dependent on crude imports from Iran.

Recent fire incidents in 2 oil tankers in the Gulf of Oman seem to have started by technical issues. a maritime official of Iran said.

Falih hopes oil producers will be able to balance the oil market before next year.