Tag Archives: Sanctions

The oil and gas rig count now stands at 1.052—up 100 from this time last year.

Russian government officials have become increasingly vocal about rising pump prices in recent weeks.

Government working to negotiate with Trump administration to maintain relations with Iran.

The US ultimatum has also contributed to upward pressure on world oil prices.

These funds will allow Venezuela to upgrade the development of its key industry.

Iranian President Hassan Rouhani said: ``It has no meaning for Iranian oil not to be exported. while the region’s oil is exported"..

Iran has warned it would not accept other producers reaping the benefits by taking its market share.

The two-way trade volume totaled US$12 billion in 2017. with South Korea exporting $4 billion worth of products.

Moscow and Riyadh recently announced their desire to pump more oil after a relative hike in prices.

Recently. open US pressure on those Europeans who support the project has intensified.