Tag Archives: Sanctions

it is not easy for countries like Turkey and Japan to diversify energy supplies.

The other parties to the JCPOA have repeatedly announced that the deal is working and should stay in place.

Iran will undercut Washington’s plan for sanctions on its energy and banking sectors.

South Korea has been granted a waiver from US sanctions on Iranian oil.

Saudi Arabia is the only producer with significant spare capacity of around two million bpd.

The Kirkuk area in northern Iraq produces about 230.000 bpd for local refining.

Saudi Arabia. the world'.s largest exporter. has claimed that it can respond to the Iranian shortfall.

Vitol has now revised down its oil demand growth forecast for next year to 1.3 million bpd.

Saudi Arabia is the only producer with significant spare capacity around 2 million bpd.

The most crucial difference between Goldman and some other forecasters is the confidence in emerging market demand.