Tag Archives: Sanctions

The two sides are yet to sign any official agreement regarding the extension of the deadline.

The sanctions block all payments to PDVSA accounts.

Five rounds of crude sale have so far been taken place at the energy exchange.

The main factor keeping oil prices from rising even further is soaring U.S. oil production.

Higher energy prices will lead to higher gasoline prices in the U.S.

Iran signed a cooperation agreement in May 2018 to set up a free trade zone with this union.

South Korean refiners and chemical heavily relied on Iranian condensate for production of various petrochemical products.

Iran will be able to even export radio-medicine to foreign countries once the project. labeled as GMP. becomes operational.

China’s vehicle sales last month fell by 15.8 percent versus the same month in 2018.

Iran’s Persian Gulf Star Refinery converts light crude. known as condensate. into gasoline and naphtha.