Tag Archives: Iran

South Korea is the world’s fifth-largest crude oil importer.

it is not easy for countries like Turkey and Japan to diversify energy supplies.

The other parties to the JCPOA have repeatedly announced that the deal is working and should stay in place.

Iran will undercut Washington’s plan for sanctions on its energy and banking sectors.

South Korea has been granted a waiver from US sanctions on Iranian oil.

Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.

Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.

Iran exported the equivalent of 2.5 million barrels a day in April.

America will not be able to carry out any measure against Iran'.s great and brave nation.

Saudi Arabia had been ``very helpful`` in bolstering oil supplies while the U.S. moved to reimpose sanctions against Tehran.