If India does not import crude from the US. the most likely fallout will be to buy from other OPEC countries.
Read More »Iranian Sanctions Influence Oil Prices
The loss of Iran could pull millions of barrels off the market at a time when spare capacity is at a premium.
Read More »Crude Oil Futures Largely Stable as Markets Await Fresh Signals
US oil rig counts were up by two to 1.048 for the week ended July 27. according to Baker Hughes
Read More »Saudis to Sell Power to Iraq at a Fraction of Iran`s Price
The deal includes building a 3.000-megawatt plant in Saudi Arabia.
Read More »Turkish Tekfen. Saudi Aramco Sign $590 Million Deal
Under the $590 million deal. Tekfen will build satellite gas compression plants pipelines for the Haradh Gas Increment Program.
Read More »Ukrainian PM Promises Energy Independence from Russia
The first round of talks regarding the extension of transit of Russian gas through Ukraine after 2019 took place in July.
Read More »Iran Steel Output Up 25%
Iran is currently the world’s 11th biggest producer of steel.
Read More »Iran Doubles Non-Oil Trade with Indonesia
Iran mainly exported liquefied propane. liquefied butane. non-alloy metal and steel ingot to Indonesia.
Read More »Iran FM to Visit Singapore to Join ASEAN Treaty
There is a consensus among Southeast Asian countries to accept Iran as a party to the treaty.
Read More »US Sanctions Will Not Affect Russia-Iran Railway Cooperation
The contract for the production of 6.000 railcars says that the Russian side should provide the financial aspect of the project.
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