The administration is prepared to work with countries that are reducing their imports on a case-by-case basis.
Read More »US-China Trade War Impact
The world’s second largest economy halted purchases of US crude in August for the first time since September 2016.
Read More »UAE. Iran`s Rival may be Cracking Down on Trade
The U.A.E. is committed to abiding by the sanctions and will look for condensate supplies from countries other than Iran.
Read More »About 30 Energy Ministers to Take Part in Russian Energy Week in Moscow
The ministers will be able to discuss state policy in the energy sector during a special ministerial conference organized as part of the Russian Energy Week.
Read More »U.S. Oil Prices Hits Four-Year Peak ahead of Sanctions on Iran
Brent has risen by more than 20 percent from its most recent lows in August.
Read More »Pakistan-Saudi Arabia will Sign Four MoUs
Pakistan is importing about 110.000 barrels per day crude oil from Saudi Arabia
Read More »Saudi Arabia Desires to Invest in Alternative Energy. Oil Refining Sector in Pakistan
The Saudi delegation also met PM’s Adviser on trade Abdul Razak Dawood and discussed ways to increase bilateral trade.
Read More »Iran will Keep Its Oil Quota In Global Markets
Iran has started to offer cargo insurance and tankers operated by Iranian companies in a bid to continue to sell its oil to the major buyers.
Read More »Japan`s Crude Imports from Iran Rise over Past 5th Month
Japan'.s oil imports from Iran jumped to 65 percent year on year in August.
Read More »New US Sanctions on Iran will Seriously Affect Oil Prices
The US withdrawal from the JCPOA damaged the balance in the JCPOA.
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