All the EU countries are hoping that SPV would be in place soon.
Read More »Venezuela will Have Problem to Repay Its Debts to Moscow
Russia has been a long-standing ally of Venezuela and has acted as a lender of last resort for Caracas.
Read More »Implementation of EU Trade Mechanism with Iran Imminent
Iran says it will remain in the nuclear deal as long as its economic interests are guaranteed.
Read More »BP Invests $5 million in New Artificial Intelligence Technology
BP'.s investment will enable Belmont Technology to expand its workforce.
Read More »Russia. China`s Top Crude Oil Supplier
China is among the countries that were granted a waiver from sanctions on Iranian oil imports.
Read More »Russia-Ukraine Gas Transit Talks
One major stated purpose of these terms is to make the Ukrainian gas transit system commercially attractive for major European companies.
Read More »Russia`s Oil Price War with U.S. would be Too Costly
The rise in prices thanks to output cuts has brought roughly an additional $110 billion in revenues to Russia.
Read More »Switzerland & Iran Developing Payment Channel to Bypass US Sanctions
The European Union is also working on a financial mechanism to ease non-dollar trade with Iran and circumvent US sanctions.
Read More »Saudi. Russian Energy Ministers will Hold Talks in Davos
Saudi Arabia has used the forum in recent years to pitch for foreign investment.
Read More »Nord Stream 2. Russia`s Leverage on Europe and Ukraine
Nord Stream 2 will allow Russia to force terms for gas supply and transit both to Europe and Ukraine.
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