Tag Archives: Sanctions

The two European companies are expected to proceed with drillings on plot 8 next autumn.

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

The United States hasn'.t been able to persuade China—Iran’s biggest oil customer—to reduce Iranian oil purchases.

A rise in crude prices triggered by supply uncertainties could dampen demand for oil.

Russia has repeatedly denied claims that the nerve agent. Novichok. used to poison the pair was developed in the country or the Soviet Union.

In May. Trump announced that his country would unilaterally withdraw from the JCPOA deal.

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

The word out of Washington is that the United States is no longer looking at sanctioning Venezuela’s oil industry.

India. like Turkey. has previously said it only complies with sanctions imposed by the United Nations. not those issued by individual nations.

Russia exports up to 500.000 b d of oil. products to the U.S.