Tag Archives: Sanctions

Iranian crude will be offered on the bourse and the private sector can export it.

In China'.s case. the Iranian crude oil is essential.

Iran had been pushing hard for oil producers to hold output steady as U.S. sanctions are expected to hit its exports.

The new pipeline will double Russia’s export capacity of 55 billion cubic metres to Germany.

US president says convinced Salman to raise output by as much as 2 million bpd.

According to the Iranian Oil Ministry. Iran is currently exporting 2.5 million barrels of oil a day.

The construction of the Nord Stream 2 gas pipeline will improve the European energy security.

The US has told all countries. including India and China. to stop their oil imports from Iran by November 4 or face sanctions.

The sanctions are to be operational in November sans any exemptions.

Iran is prepared for the worst-case scenarios in case the U.S. pressures take effect.