The U.S. will sell up to 12 MMbbl of oil from its emergency government stockpile just as global crude demand takes a hit from the spreading coronavirus.
Read More »U.S. to Sell 12 MMbbl of Oil just as Virus Hits Demand
The U.S. will sell up to 12 MMbbl of oil from its emergency government stockpile just as global crude demand takes a hit from the spreading coronavirus.
Read More »Southern Gas Corridor Project Allows Azerbaijan to Diversify Its Gas Markets
Currently. Azerbaijan is the only source of gas for SGC.
Read More »Eni Targets Oil Output Peak in Clean Energy Drive
Eni is aiming to cut its greenhouse gas emissions by 80% by 2050 in absolute terms.
Read More »EU Sanctions Two Turkish Individuals over East Mediterranean Gas Drilling
Cyprus and Greece dispute Turkey’s claims in the region.
Read More »Iran has Established Unsanctionable Intl. Banking Ties
The governor of the Central Bank of Iran (CBI) announced that the country has created international banking ties which are neither sanctionable nor FATF-reliant.
Read More »Iranian. Pakistani Merchants after Boosting Trade
Businessmen from Tehran Chamber of Commerce. Industries. Mines and Agriculture held several meetings with officials and traders of Pakistani port city of Karachi where the two sides urged their respective governments to ease banking relations.
Read More »Iran’s Steel Output Up by Around 50%
A new international report shows that Iran’s steel output has increased by 46.7% in the past 12 months. indicating a stunning jump 20 times bigger than the world average growth of 2.1% in the same period.
Read More »Iran Battles to Contain Panic After Virus Deaths Multiply
Flights were grounded. schools shuttered and religious shrines disinfected. but as Iran struggles to contain the spread of coronavirus there’s panic. disarray and questions over who to believe.
Read More »Saudi and Allies Restore Postal Service to Qatar Amid Rift
Saudi Arabia. Egypt and Bahrain are resuming postal services to Qatar -- frozen during a diplomatic rift that’s lasted nearly three years -- following a similar move by the United Arab Emirates.
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