OPEC agreed to extend cuts to their supply of oil to the international markets for another nine months as they seek more stable prices amid an increase in oil production in the United States.
Read More »Iran’s Flag-Carrier Boasts Self-Sufficiency in Maintenance
Director General of Iran Air Touraj Zangeneh said that his company has achieved self-sufficiency in repairing and maintaining its fleet. despite the US unilateral sanctions.
Read More »Huawei to Increase Its 5G Investment Despite US Ban
Speaking at Huawei'.s annual user group meeting in Wuzhen. Zhejiang. Huawei Carrier CEO Ryan Ding said the Chinese tech giant will continue providing 5G products and partnering with carriers to build a ".=fully connected. intelligent world.
Read More »China will Ease Ownership Rules on Oil Exploration
China is sticking to the opening-up policy and continuing to ease market access.
Read More »Nord Stream 2 Takes Alternative Route amid Danish Stalling
The pipeline is past the point of no return.
Read More »China not Jeopardize Its Energy Security. will Import Iranian Oil
China is one of the guarantors of the JCPOA agreement.
Read More »US-Iran Tension to Overshadow G20 Summit in Japan
Many G20 members have a stake in the outcome of the meeting because the row has disrupted global supply chains.
Read More »Oil Gains as New Sanctions Set to Ratchet Up Pressure on Iran
Oil extended its rally after the U.S. said it was preparing new sanctions against Iran. further escalating tensions between the two states.
Read More »Oil Prices Mixed amid Escalating U.S.-Iran Tensions
Donald Trump signed an executive order to impose additional economic sanctions on Iran.
Read More »A U.S.-Iran Conflict Could Impact Gas Markets Much More Than Oil
A potential conflict between the U.S. and Iran could be far more disruptive for liquefied natural gas markets than to the world’s crude shipments.
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