Tag Archives: International Organizations

The Europeans and other signatories must work on compensating the US sanctions.

Over a decade. oil-for-loan agreements helped China secure energy supplies for its fast-growing economy.

Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.

Saudi Arabia lifted output by 70.000 bpd to 10.42 MMbpd last month.

The US administration pulled out of the landmark 2015 nuclear deal with Iran on May 8.

The US is attempting to bring Iran’s oil sales to zero by imposing banking and transportation restrictions.

Chinese state majors increased production because of the rising oil prices.

EU needs ``a financially independent sovereign channel`` in order to keep the Iran deal alive.

The U.S.’s international financial clout means EU efforts to get around sanctions are doomed to fail.

IAEA has certified Iran’s compliance with the JCPOA for the 12th time.