Tag Archives: Government

SPR releases are a short-term solution but they do buy some time for OPEC countries to bring additional spare-capacity on line.

The project has acquired full authorization for construction and operation from Germany. Finland and Sweden.

The last time Iran was the subject of sanctions. Japan curbed its imports of Iranian crude.

Russia has been subject to Western sanctions since its 2014 annexation of Ukraine´s Crimea region.

Cyprus and Egypt are planning to link Aphrodite with the Egypt liquefaction plants in Idku and Damietta.

For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.

Russia’s output increase comes just days before it meets in Algeria with other members of the group known as OPEC+.

Two OPEC members are looking to damage the group and undertake policies against Tehran for the US.

The tariffs are likely to limit economic activity in both China and the United States.

Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.