Tag Archives: East Asia

Iranian Ambassador to Tokyo Morteza Rahmani Movahed announced on Tuesday that to increase economic ties between Iran and Japan. efforts are made to define a special mechanism to facilitate financial transactions between the two sides.

In 2019. China included tight gas in the new unconventional gas subsidy scheme for the first time.

Oil prices have fallen around 20% from a 2019 high reached in April.

China lifted 926.119 bpd of Iranian oil in July. up 4.7% month on month.

China had seen a rapid pace of growth in imports of US crude.

The US will raise the tariff on $250 billion worth of Chinese imports from 25% to 30% on October 1.

China aims to secure exclusive access to such arrangements for its own oil giants.

Among Beijing’s latest punitive duties. it will impose a 5 per cent tariff on US crude oil from September 1.

Saudi Arabia remained China’s top oil supplier last month.

The continuation and further development of North Korea’s nuclear program last year are clear violations of relevant UN Security Council resolutions.