On May 8 2018. Donald Trump illegally pulled the US out of the landmark 2015 Iran nuclear deal. claiming that the agreement was not in the US'. best interests.
Read More »Battle for Aramco IPO Heats up as Bourses vie for Supremacy
Aramco’s first attempt at a listing attracted a flurry of pitches from top global exchanges from New York to Tokyo seeking to host the listing.
Read More »Oil Dips amid Economic Concerns after US Fuel Stocks Build
US gasoline and distillate stockpiles rose more than expected last week.
Read More »Australia will Join U.S.-Led Defense Effort in Strait of Hormuz
Australia is a staunch ally of the United States. which in recent months has called on its partners to do more to defend global security.
Read More »Oil Prices Gain on Crude Inventories Data
Trump said he will ``take China on`` even if it causes short-term impact on the US economy.
Read More »Iran Planning 3rd Step to Reduce Nuclear Commitments
The third step is being planned commensurate with the actions of the other side.
Read More »Oil in the Sino-American Trade War
A slowdown of the global economy is dampening oil demand.
Read More »China’s CNPC Backs out of Venezuela Oil Deal in Wake of Ramped up US Sanctions
China has imported 339.000 barrels a day of Venezuelan oil this year.
Read More »Oil Prices Fall on Weak China Economic Data. U.S. Stocks Rise
Markets have been pummeled in recent weeks amid tough talk from Trump on trade.
Read More »German Exports to Iran Halve
German exports to Iran fell by nearly half in the first six months of 2019. data showed on Monday. suggesting companies are scaling back business ties with Tehran to avoid trouble with the United States after Washington reimposed sanctions.
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