EU foreign policy chief Federica Mogherini has also welcomed the INSTEX.
Read More »EU will Try for Iran Taking Advantage of JCPOA Benefits
O'.Sullivan urges the US to respect the fact that Europe is still among signatories of the JCPOA.
Read More »US Gives Non-US Firms Three Months to Close PDVSA Deals
PDVSA uses naphtha from the US to thin its heavy crude so it can be shipped.
Read More »Germany. France. UK to Set Up EU Channel for Transactions with Iran
The European transactions channel for Iran will be called INSTEX (Instrument in Support of Trade Exchanges).
Read More »Oil Rises amid US Lower Imports. Venezuela Sanctions
Oil Rises amid US Lower Imports. Venezuela Sanctions.
Read More »Iran Opens Air Force Exhibition
The exhibition will be open to the public until February 11.
Read More »Oil Rise on Venezuela Sanctions
The sanctions aim to freeze sale proceeds from PDVSA’s exports of roughly 500.000 barrels per day (bpd) of crude oil to the United States.
Read More »John Bolton Admits US Support of Illegal Coup Is about Oil. Not Democracy
Maduro and the Venezuelan people are resisting this coup attempt by the interventionist North American country.
Read More »Too Early to Assess Impact of U.S. Sanctions on Venezuela
The Trump administration on Monday imposed sweeping sanctions on Venezuelan state-owned oil firm PDVSA.
Read More »Oil prices steady. Concerns Rise over Supply Disruption
The sanctions aim to freeze sale proceeds from PDVSA’s exports of roughly 500.000 barrels per day of crude to the United States.
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