Tag Archives: Export

Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.

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

Production has plummeted by about 850.000 barrels per day (bpd) from little more than one million bpd.

Russian government officials have become increasingly vocal about rising pump prices in recent weeks.

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

The Trans Anatolian Natural Gas Pipeline (TANAP) will support regional trade and improve connectivity.

Iran is OPEC'.s second-largest crude exporter with more than 2 million barrels a day.

Iran has warned it would not accept other producers reaping the benefits by taking its market share.

Trump warned close U.S. allies in an interview that aired on Sunday with a threat to sanction European companies that do business with Iran.

U.S. President Donald Trump has introduced numerous tariffs on imports.