Many G20 members have a stake in the outcome of the meeting because the row has disrupted global supply chains.
Read More »Oil Prices Mixed amid Escalating U.S.-Iran Tensions
Donald Trump signed an executive order to impose additional economic sanctions on Iran.
Read More »Russia to Help Iran Export Its Oil
Iran’s budget counts on raking in around $30 billion from oil and gas condensate exports.
Read More »Security Situation in Middle East Threatened Exxon’s Iraqi Oil Deal
The deal will involve the development of two oil fields in southern Iraq.
Read More »Oil Prices Jump 5% on US-Iran Tensions
Concern about slowing economic growth and a US-China trade dispute has pulled oil lower in recent weeks.
Read More »Iran will not Give Europe more Time to Save Nuclear Deal
Iran’s two-month deadline to remaining signatories of the JCPOA (nuclear deal) cannot be extended.
Read More »Europe not Cooperating in Buying Iranian Oil
The Europeans are not cooperating to buy oil.
Read More »U.S. LNG is not Replacing Russian Gas in Europe
The United States has become the world’s fastest growing exporter of liquefied natural gas.
Read More »Iraq`s Possible Oil Export Plan in case of Middle East Tension
The Persian Gulf and then the Strait of Hormuz are the key export routes of Iraqi crude oil from its southern ports.
Read More »Oil Prices Gain amid Middle East Tensions
The outlook for oil demand growth in 2019 also put pressure on prices.
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