Tag Archives: Trade

The U.S. move threatens Iran with lower export income and less access to hard currency.

Imports for the first four months of 2018 rose 8.9 percent versus the same period a year ago to 151.43 million tonnes. or 9.21 million bpd.

Traders are also nervously awaiting Trump'.s decision on whether or not to continue with the Iran nuclear deal. which he has in the past derided.

U.S. output will likely rise further this year. towards or past Russia'.s 11 million bpd. as its energy firms keep drilling for more.

Saudi Arabia has received requests for information from five countries — South Korea. China. US. France and Russia — to build two nuclear reactors.

Iran Oil Show 2018 is running during May 6-9 at the Tehran Permanent International Fairgrounds.

The U.S. dollar leaped to its highest levels this year against a basket of currencies despite disappointing U.S. employment data for April.

The government has announced big ambitions to transform the economy by diversifying away from oil.

The government has announced big ambitions to transform the economy by diversifying away from oil.

Iran'.s overall non-oil exports. including condensates. stood at $46.9 billion in the last fiscal year — 6.6 percent more year-on-year.