Tag Archives: Iran

Production from an oil reservoir in the Kurdish north of Iraq has increased by more than 60 %.

Iraq has been importing electricity from Iran for many years after their power infrastructure was destroyed by decades of war and blockade.

Syria’s government and its President Bashar Assad rely on Russia to help it to restore its oil and gas sector.

This week. Iran filed a lawsuit against the US in the International Court of Justice over the re-imposition of US sanctions

India and Iran also had extensive deliberations on ways to deal with the impact of US sanctions.

Last month. members of OPEC agreed to pump an additional 1 million barrels of crude daily.

Earlier this month. Iran has cut electricity supplies to Iraq due to unpaid bill. affecting Iraq’s Dhi Qar. Maysan and Basra provinces.

The Trump administration has said there are more than 50 foreign companies that have withdrawn their business from Iran.

US tariffs of 25 percent on $34 billion of Chinese imports took effect on July 6.

Russia is ready to invest in crude exploration and production. as well as refining.