Tag Archives: Persian Gulf Countries

The UAE is the second largest exporter of crude oil to Japan after Saudi Arabia.

The UAE played a behind-the-scenes role in helping Ethiopia and Eritrea end a two-decade state of war last month.

Qatar aims to boost its LNG export capacity from the current 77 million tons to 100 million tons annually by 2024.

In the short term. supply is not seriously impacted. given that Saudi Arabia. Russia ramped up their oil production.

Bilateral trade between Canada and Saudi Arabia is worth more than $3 billion a year.

As the row deepens. oil was bound to become the center of attention. albeit briefly.

U.S. sanctions on Iran could push oil prices up to $90 per barrel later this year.

Eastern Canadian refineries import about 75.000 to 80.000 barrels per day of Saudi Arabian crude.

Cancellation of Aramco IPO may lead to international investors questioning Saudi Arabia'.s commitment to reforms.

Saudi Aramco has devoted years of intensive investment to co-developing fuels and engine research.