Currently. analysts believe the sanctions could take between 200.000 and up to a million bpd of Iranian crude off global markets.
Read More »Saudi Arabia. Other Producers to Ensure Market Stability amid Iran Sanctions
The US decision sent oil futures surging Wednesday as traders digested the likely consequences.
Read More »India may not Cut Oil Imports from Iran
Experts believe that the US move would bring uncertainty to prices.
Read More »IMF Warns Arab States over Complacency over Debt
MENA countries need to create 25 million new jobs over the next five years.
Read More »China Call to Continue Supporting Iran Nuclear Deal
China. a permanent member of the U.N. Security Council. is one of the architects of the agreement.
Read More »Cyber Attacks on US’s Energy Sector ‘Scary’
In 2012. Saudi Aramco production was locked down during the disk-wiping Shamoon incursion.
Read More »Iran is Ready for Pakistan-Turkmenistan Gas Swap Project
The TAPI pipeline involves Turkmenistan. Afghanistan. Pakistan and India and was first proposed three decades ago.
Read More »BP Chief Executive Bob Dudley Poisoned in Russian Plot
Bob Dudley. the American boss of the oil giant. was forced to flee Russia in 2008 .
Read More »Construction of First Leg of Turkish Stream Gas Pipeline is Completed
Gazprom’s investments in the construction of the Turkish Stream gas pipeline for 2018 are planned at around 182.4 bln rubles.
Read More »Iran Cooperate in Transferring Turkmen Gas to Pakistan
TAPI is a planned 1.800-kilometer stretch of pipeline aimed at transferring natural gas from Turkmenistan to India.
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