Tag Archives: Donald Trump

Governor of the Central Bank of Iran (CBI) Abdolnasser Hemmati lauded the new coordinating structures harmonizing interactions between CBI and relevant ministries of the country as the ground for 69% increase in imports of basic goods in the past 5 months

China continued imports of Iranian crude oil in July. two months after the expiry of US sanctions waivers. research from three firms tracking tanker movement showed. according to Reuters.

China accounts for 85 percent of the world’s production of rare earths.

Latest official reports from Iranian authorities show that the country’s export has preponderated over its imports in the second quarter of 2019. indicating that Tehran’s economic policies to cushion Washington’s unilateral pressures are bearing fruit.

Tensions in the Middle East have heightened in the wake of attacks on tankers and U.S. drones.

There is large uncertainty surrounding demand .

China has traditionally played a small role in Middle East conflicts or diplomacy despite its reliance on regional oil.

Growing LNG-capacities in Europe will be a constraint for Turkey in its path to dictate terms to the EU as a regional gas hub.

Crude oil futures were lower as global economic outlook dimmed over an escalation in US-China trade tensions.

The trade war has been hitting economic growth. which tends to reduce demand for commodities such as oil.