The United States reimposed sanctions on exports of Iranian oil last November.
Read More »Japan relies on Iranian oil. to talk to US about it
Japan says it relies on crude imports from Iran and seeks to hold talks with the United States about the matter to keep its energy supply steady. amid ongoing attempts by Washington to curtail Iran’s oil sales.
Read More »Iran Threatens to Close Strait of Hormuz if Waivers End
The Strait of Hormuz is a narrow waterway carrying a fifth of the world’s traded oil.
Read More »Oil. the Lifeblood of the Global Economy for Years to Come
Aramco'.s recent bond sale success proves that the age of oil won'.t end soon.
Read More »Japan Relies on Iranian Oil. to Talk to US about It
Tehran’s measures to cushion the impacts of US sanctions against the country would take Trump by ``surprise.``
Read More »Chinese Demand will Boost Oil Prices
In China. the economy seems to be reacting to the government’s stimulus measures with purchasing managers.
Read More »Arctic Gives Russia Greater Energy Dominance
Novatek became Russia’s top LNG producer after starting up its plant in the Yamal peninsula almost two years ago.
Read More »U.S. Imposes Fresh Sanctions on 4 Venezuelan Companies. 9 Vessels
The U.S. has been pursuing a policy of economic sanctions and diplomatic isolation against the Venezuelan government in support of the opposition leader Juan Guaido.
Read More »Libya will Lose Oil Production if Fighting Continues
The EU issued an official statement urging the sides in the conflict to stop the violence.
Read More »Iran. Venezuela launch direct flight amid US sanctions
Iran’s second largest airline. Mahan Air. has launched direct flights to the Venezuelan capital Caracas. marking a further strengthening of bilateral ties as the US tightens sanctions screws on both countries.
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