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Venezuela'.s economy has been reeling under pressure of the US sanctions. falling oil revenue and the plunging value of its currency. the bolivar.
Read More »Iran to Develop Own Cryptocurrency
Erdogan: Cyprus not to Test Turkey over Gas Standoff
Cyprus was split in a Turkish invasion in 1974 after a brief Greek-inspired coup.
Read More »Romanian Gas Deal would End Russia`s Monopoly
Hungary sent some of its gas reserves to Serbia. which was even more acutely affected by the crisis.
Read More »U.S. Considers Raising Sanctions on Venezuelan Oil to Pressure Maduro
Venezuela’s crude oil sales to the United States in 2017 were the lowest since 1991.
Read More »Europe Avoids Russian Oil because of Quality
The quality of crude oil is measured based on the amount of sulphur and the level of gravity or density.
Read More »Rise of Renewables Investments in Gulf States
Saudi Arabia may have some of the most untapped solar potential of any place on Earth.
Read More »Oil Rises as OPEC Compliance Remains in Place
Goldman Sachs raised its three-month forecast for Brent to $75 from $62 and its six-month forecast to $82.50 from $75.
Read More »US: for Russia. Energy is a Political Tool in Europe
Nordic nations have already voiced security concerns over the pipeline being laid near their shores under the Baltic.
Read More »Raise of South Pars Output to Meet Growing Gas Demand
South Pars is being developed in 24 phases.
Read More »US Expands Anti-Russia Sanctions Related to Ukrainian Crisis
Washington has introduced several rounds of sanctions against Russian businessmen. politicians. enterprises. and economic sectors over the Ukranian crisis.
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