Tag Archives: International Organizations

Much will depend on the European Union. which has vowed to resist US sanctions on Iran.

Some believe that China’s move aims to keep oil as a bargaining chip for future negotiations on tariffs or Iranian sanctions.

In June. Royal Dutch Shell exited the Majnoon oilfield in southern Iraq and handed over its operations to the state-run Basra Oil Co.

China'.s LNG import volume is soaring as it moves to fulfill growing domestic demand for gas.

US President Donald Trump last month accused Germany of being a ``captive`` of Russia.

The dollar. which is considered to be the international currency. becomes a risky tool for payments.

Total had previously withdrawn from the field in 2009 because of sanctions.

In July. Venezuela’s oil production came in lower than PDVSA had targeted. according to Argus Media.

Iran’s output was the lowest since April last year at 3.75 million bpd.

The Crystallex case has been closely watched by investors holding billions of dollars in Venezuelan bonds.