Iran has warned of reciprocal measures if the tanker is not released.
Read More »Oil Market Oversupplied in 2019 due to US production
The demand for OPEC crude oil in early 2020 could fall to only 28 million bpd.
Read More »Russia Offers to Supply Etching Gas to S Korea amid Japan Export Curb
Seoul is considering alternative options as spat with Tokyo drags on.
Read More »Russia Offers to Supply Etching Gas to S Korea amid Japan Export Curb
Seoul is considering alternative options as spat with Tokyo drags on.
Read More »Iran Signs $6.2bn Worth of Contracts to Increase Oil Output by 280.000 bpd
10 out of a package of 33 contracts had been signed with companies and manufacturers based in Iran.
Read More »Any Strait of Hormuz Disruption Would Be “Major Obstacle“ To Economy
Most of Iraq’s oil is shipped through southern terminals.
Read More »Moscow: Iran`s Cuts to JCPOA Commitments shouldn`t Cause such a Stir
Russia expects the IAEA to officially verify that the Iranian side has exceeded the uranium enrichment levels at the Natanz facility set by the JCPOA.
Read More »OPEC Asks Settlement To Tensions Between US And Iran. Venezuela
Both Iran’s and Venezuela'.s production woes have contributed significantly to the cartel’s over compliance to the group’s production cut quota.
Read More »Iran Says Next Option is 20% Uranium Enrichment
Iran has warned its next step in reducing commitments under the 2015 nuclear deal will be stronger. with a senior nuclear official saying that 20% uranium enrichment is an option.
Read More »US. not Iran. Threatens World`s Energy Security
Iran'.s oil minister says the world'.s energy supply is threatened by the United States. not Iran which is a major guarantor of energy stability and peace in the region.
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