Tag Archives: Crisis

Venezuela had its eyes on India to try to make up its shortfall.

OPEC and its partners launched a new round of output cuts at the beginning of the year.

Iran’s second largest airline. Mahan Air. has launched direct flights to the Venezuelan capital Caracas. marking a further strengthening of bilateral ties as the US tightens sanctions screws on both countries.

Surging oil prices over more than a decade helped many Gulf states expand aggressively at home and abroad.

The United States has already slapped Venezuela'.s state oil producer PDVSA with punitive measures.

At least 26 of Iran’s 31 provinces have been hit by heavy downpours that began on March 19.

The US. along with 50 other countries recognized Guaido as the legitimate President.

Iraq is the biggest importer of electricity from Iran.

Energy consumption worldwide grew by 2.3 percent in 2018.

Production from OPEC’s 14 members dropped by 221.000 bpd to 30.55 MMbpd in February.