Tag Archives: Oil Trade

The Trump administration recently imposed sanctions on a subsidiary of Russia’s Rosneft.

The oil market has been driven in recent years by a surge of non-OPEC production that has outstripped demand.

Iraq places special emphasis on energy corridors with Turkey in its search for alternative export routes.

An ideological affiliate of India’s governing has now come out and advised Prime Minister Narendra Modi to reconsider New Delhi’s decision. to ignore US demands not to purchase oil from Iran as it would represent a strategic setback for India.

Iranian Ambassador to India Ali Chegeni called on the Indian government to resume importing Iranian oil. noting that sanctions against the country are imposed unilaterally by the United States not by the United Nations.

The US State Department is openly using organized crime tactics. including bribery and extortion. in an effort to bend Iran to its will after its allies refused to join a coalition to police the Persian Gulf.

Tensions in the Middle East have heightened in the wake of attacks on tankers and U.S. drones.

It is easier to trade in domestic currency as India has the option to route payment through one of India'.s state-owned banks.

The lifting of nuclear-related sanctions is an essential part of the JCPOA.

The lifting of nuclear-related sanctions is an essential part of the JCPOA.