The signing of the Phase 1 deal will certainly put at least a temporary floor in the increasingly fractious relationship between the U.S. and China.
Read More »US Sanctions Unable to Stop Iran’s Growth
The Iranian Steel Producers Association (ISPA) announced that the new round of US sanctions against the country’s metal and mining sector will fail to stop the growth in the sector. reminding that Washington had already imposed the same sanctions in May.
Read More »Oil Set for Biggest Weekly Loss Since July as Mideast Risk Eases
Oil headed for its biggest weekly loss since July as the prospect of an immediate confrontation between the U.S. and Iran abated.
Read More »Iraq Could Risk Dollar Access. Oil Marketing if U.S. Troops Out
Iraq’s government could lose access to its dollar account at the Federal Reserve if the Trump administration imposes sanctions.
Read More »US Sanctions against Nord Stream 2 Unacceptable
Austrian Foreign Minister Alexander Schallenberg lashed out at the US over its push for sanctions to be slapped on the Nord Stream 2 gas pipeline project.
Read More »Aramco`s Tough Test
Saudi Aramco’s status as an oil-producing behemoth always marked it as likely to suffer bouts of volatility.
Read More »UK Rejects Trump’s Request to Leave JCPOA
The British government once again opposed US President Donald Trump’s request for moving out of Joint Comprehensive Plan of Action (JCPOA).
Read More »Oil Buyers Fear Iraqi Supply Hit in Spill From Iran Crisis
Oil buyers in Asia are increasingly wary that Iraq’s entanglement in the worsening dispute between the U.S. and Iran could disrupt shipments from one of their key Middle East suppliers.
Read More »Iran`s Economy Minister Asks FATF to Protest at US Financing of Terrorist Acts
Iranian Economy Minister Farhad Dejpasand called on the Financial Action Task Force to protest at the US allocation of a budget for terrorist acts like assassination of IRGC Qods Force Commander Lieutenant General Qassem Soleimani.
Read More »Germany. Britain. France to Discuss JCPOA
Germany. Britain and France will discuss the Iran nuclear deal (JCPOA). according to German Foreign Minister Heiko Maas.
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