Tag Archives: North America

Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz. stoking concern crude flows from the Middle East may be disrupted.

The Iranian national currency of rial is 118.000 against the US dollar which shows a relatively high regain of value compared to months of low that followed American introduction of crippling economic sanctions against Tehran.

Vietnam and China have long been locked in a maritime disagreement over the resource-rich waters of the South China Sea.

They are expected to help create more than 1.600 new jobs.

The United States withdrew from the Iranian nuclear deal on 8 May 2018 and imposed economic sanctions on Tehran'.s oil exports.

World LNG demand reached a record 432 bcm in 2018.

The Energy Information Administration notes nearly all of the forecast decrease is due to fewer emissions from coal consumption.

A recent report shows the defense operations of the US create more greenhouse gas emissions than Sweden and Portugal.

The Islamic Republic of Iran has no negotiations with US officials at any level.

China is importing Iranian crude at a rate of 150.000 to 220.000 bpd despite the end of sanction waivers.