Chinese tech company Huawei filed a lawsuit against the US Commerce Department on Friday over seized Chinese telecom equipment that was due to be returned to China. according to Reuters.
Read More »
Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
Read More »
Iran says it will take the case to the United Nations in protest of the US'. blatant act of aggression.
Read More »
Rates for transporting 2 million barrel cargoes from Saudi Arabia to China has jumped to almost $26.000 a day.
Read More »
The price of oil spiked on Thursday just hours after a US spy drone violating Iranian airspace was shot down by the Islamic Revolution Guards Corps (IRGC) close to the Strait of Hormuz.
Read More »
The predicament of the Chinese buyers underscores how the White House’s aggressive trade and foreign policy is disrupting global commodity flows.
Read More »
Oil in London headed for its biggest weekly gain since February as escalating tensions between the U.S. and Iran fanned fears of conflict that would disrupt energy supplies from the Middle East.
Read More »
Concern about slowing economic growth and a US-China trade dispute has pulled oil lower in recent weeks.
Read More »
The OPEC meeting comes at a time of heightened geopolitical tensions in the Middle East.
Read More »
Iran’s two-month deadline to remaining signatories of the JCPOA (nuclear deal) cannot be extended.
Read More »
Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel