Tag Archives: Persian Gulf Countries

Russia and Saudi Arabia may potentially invest billions of dollars into implementation of joint oil projects.

U.S. President Donald Trump took credit for the dispute in a Twitter statement Tuesday morning.

The diplomatic dispute has stoked concern that any supply disruption could spill over into global gas markets.

More than 60% of Egypt'.s LNG imports in 2016 -- 4.61 million mt of a total 7.26 million mt -- were sourced from Qatar.

OMV could help Gazprom Neft in the initial geological assessment of two blocks in Iran.

Tehran is strongly opposed to bullying. tension-creating policies. no matter which country is pursuing them.

Suspending flights between the countries is among other measures taken by the countries against Qatar which also reciprocally did the same.

Qatar is the world'.s biggest exporter of LNG. while Japan is the largest importer.

Saudi Aramco had cut Arab Light pricing to Asia for the past three months as the kingdom fought to defend sales.

The Saudi allies. in the meantime. have announced their plan to close air and sea transport links to Qatar.