Tag Archives: Donald Trump

Saudi Arabia is the world’s top oil exporter and OPEC’s de-facto leader.

American LNG is facing strong competition from Russian pipeline gas.

Russia can bring ``a couple of hundred thousand barrels`` in the short term.

Exports to India accounted for 21 per cent of Iran’s crude oil outbound shipments in 2017-18.

Iranians has endured sanctions before and ".can overcome this difficult phase as well.".

SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.

The sanctions are expected to impact Iranian oil exports.

Some traders are forecasting that the sanctions could remove up to 1.5 million barrels per day of crude from the market.

Trump pushed US LNG exports as crucial to increasing European energy security.

The United States will target Iran’s oil exports with sanctions from Nov. 4.