For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.
Read More »Oil Rise on Supply Concerns before OPEC and other Producers Meet
U.S. President Donald Trump increased pressure on OPEC to ``get prices down now!``
Read More »Trump: OPEC `Monopoly` must Get Prices Down
U.S. President Donald Trump linked American support for Middle Eastern countries to oil prices.
Read More »US Can`t Pursue New Treaty With Iran After Violating Nuclear Deal
In May.Trump announced his country'.s decision to leave the Iran nuclear agreement and reimpose sanctions against Tehran.
Read More »China`s 10% Tariff on US LNG. a Win for Suppliers
The tariffs undermine Trump'.s drive to use US shale oil and natural gas to turn the US into a global energy leader.
Read More »Oil Prices Slip as U.S.-China Trade War Darken Demand Outlook
The tariffs are likely to limit economic activity in both China and the United States.
Read More »US Accuses Russia of Hiding North Korea Sanctions Violations
said Russia sought to evade sanctions on North Korea and then cover it up by suppressing an official UN report.
Read More »Abe to Discuss Sanctions and Oil with Iran’s President on Sidelines of U.N. Meeting in New York
Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.
Read More »OPEC Non-OPEC Coalition Search for Consensus ahead of Algiers Summit
Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.
Read More »US cannot Block Oil Export from Iran
Lack of proposal will not enable the US to null export of Iranian oil.
Read More »