Tag Archives: Iran

The last time Iran was the subject of sanctions. Japan curbed its imports of Iranian crude.

Iran argues one member has no right to steal the quota of another.

In the near-term. the US seems to be counting on Saudi Arabia and Russia. along with American shale drillers. to offset the losses from Iran.

Three billion dollars of the revenue from oil. gas. and condensates have entered the economic cycle of the country.

For Iraq. which did $12 billion in trade with Iran last year. the impact would be particularly dire.

Iran has new build capital expenditure (Capex) of around US$22.3 billion for the forecast period.

In May.Trump announced his country'.s decision to leave the Iran nuclear agreement and reimpose sanctions against Tehran.

Two OPEC members are looking to damage the group and undertake policies against Tehran for the US.

Japanese oil distributors are set to halt oil imports from Iran in light of the U.S. request.

Venezuela. which pumped 1.22 million b d in August. could see output fall to 1 million b d in 2019.