Tag Archives: Trade

North Korea has already exceeded the annual cap allowed for oil imports.

The EU has suffered considerable economic losses due to the US-led push to block trade with Russia since 2014.

Shipping to Iran and ports in the country are also coming under the US sanctions.

Iran has always been a reliable energy partner for India and others.

Aramco has used the average of the Oman and Dubai crude prices assessed by Platts since the 1980s as a benchmark.

According to IEA. Saudi Arabia will use its spare capacity which is predicted by as much as 2 million barrels per day.

U.S. crude oil is not on the list of 545 products the Chinese government has said it would immediately retaliate with in response to American duties.

US oil producers likely to eye Indian market as tariff war with China escalates.

The agreement extends to sea areas around all ports owned and managed by Abu Dhabi Ports.

Washington has warned other countries to end business in Iran and stop buying its oil from early November or face punitive measures.