Tag Archives: Economy

US oil producers likely to eye Indian market as tariff war with China escalates.

Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.

ADNOC has said that it would aim to double its refining capacity in a major push to expand its downstream operations.

The development builds on discussions during a climate summit in Paris last year.

The cooperation deal envisages investments worth at least €3 billion ($3.5 billion) in the Greek market.

Government working to negotiate with Trump administration to maintain relations with Iran.

The UAE’s foreign trade with China made up 14.7 per cent of the country’s foreign total trade in 2017.

The two-way trade volume totaled US$12 billion in 2017. with South Korea exporting $4 billion worth of products.

The U.S. is unlikely to join with China and India. though it should.

The UAE'.s state oil producer and energy ministry pledged to help OPEC and allies meet any market shortages this year.