U.S. business activity shrank in February for the first time since 2013 as the coronavirus hit supply chains and made firms hesitant to place orders. a warning sign that the outbreak is starting to dent the world’s largest economy.
Read More »Rosneft Shifts Exports to Affiliate. Skirting U.S. Sanctions on Venezuela
Moscow has been a crucial supporter of the Maduro regime over the years.
Read More »U.S. Sanctions Russian Producer Over Links to PDVSA
The U.S. sanctioned a unit of Russia’s largest oil producer Rosneft PJSC for maintaining ties with Venezuela’s Nicolas Maduro and state-run oil company PDVSA.
Read More »Iran’s Defense Ministry to Build 83 Commercial Ships
The Iranian defense ministry will be paid $280 million by the Port and Maritime Organization of the country (PMO) to build 83 new large vessels. in a move to bypass the US sanctions against Tehran’s transportation infrastructures.
Read More »Russia not to be Able to Complete Nord Stream 2 Construction on Its Own
The Nord Stream 2 project will connect Russia'.s Ust-Lug and Germany'.s Greifswald.
Read More »US has Prevented $6bn Russia-Germany Gas Pipeline
It’s going to be a very long delay. because Russia doesn’t have the technology.
Read More »US Extends Iran Sanctions Waiver for Iraq for 45 Days
This will be the sixth waiver the US has issued for Iraq since US sanctions on Iran energy exports snapped back in November 2018.
Read More »Iran Overtakes France. Italy in Steel. Copper Production
Such achievement gained while the enemies have imposed unjust sanctions against the country.
Read More »JCPOA Snapback Mechanism Not to Be Implemented
A recent decision by the three European parties to the 2015 nuclear deal. known as the Joint Comprehensive Plan of Action (JCPOA). to trigger the so-called snapback mechanism will not be implemented.
Read More »China to Continue Buying Oil from Iran
Chinese Ambassador to Iran Chang Hua reiterated his country’s support for Iran against the US sanctions and said the East Asian nation is the only country that buys oil from the Islamic Republic.
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