Tag Archives: International Organizations

As oil sanctions against Iran take effect. maintaining global supply might be very challenging.

The world will need 32.05 million barrels per day (bpd) of crude from its 15 members in 2019.

While EU has taken major steps to liberalize its energy market since the 1990s. Turkey has also initiated the liberalization of its energy sector.

The oil giant is an important source of energy for European states trying to reduce their dependence on Russia.

Gas pipelines connecting Russian supply to Europe make further inroads.

Any deal will ".expand the field for multilateral cooperation". between the five states.

The latest threat from President Trump is to slap tariffs on US$200 million worth of Chinese goods.

US President Donald Trump has mounted pressure on Iran.

The market seems to be inadequately prepared for a rapid loss of exports.

Iraq is the second-largest importer of Iranian non-hydrocarbon products.