Bilateral trade between Canada and Saudi Arabia is worth more than $3 billion a year.
Read More »US to Impose Sanctions on Russia for Alleged Use of Nerve Gas Agent on Former Spy
Russia has repeatedly denied claims that the nerve agent. Novichok. used to poison the pair was developed in the country or the Soviet Union.
Read More »Turkey Continues Trading with Iran despite US Sanctions
In May. Trump announced that his country would unilaterally withdraw from the JCPOA deal.
Read More »Al-Falih: Canada Row Won’t Affect Oil Exports
As the row deepens. oil was bound to become the center of attention. albeit briefly.
Read More »$90 Oil Is a Very Real Possibility
U.S. sanctions on Iran could push oil prices up to $90 per barrel later this year.
Read More »US Does not Impose Sanctions on Venezuela`s Oil
The word out of Washington is that the United States is no longer looking at sanctioning Venezuela’s oil industry.
Read More »Russia`s Oil Production Growth at Risk by U.S. Sanctions
Russia exports up to 500.000 b d of oil. products to the U.S.
Read More »Oil Price Rises ahead of US Sanctions against Iran
Many countries. including US allies in Europe as well as China and India oppose the introduction of new sanctions.
Read More »Japan is Seeking Exception to Import Iranian Oil with US
In 2017. Japan met 5.3 percent of its oil demand with imports from Middle Eastern nations.
Read More »EIA Lowers U.S. Crude Production Outlook for 2019
EIA expects 2018 output at 10.7 million barrels per day. fractionally down from 10.79 million barrels projected last month.
Read More »