Tag Archives: Trade

European countries should implement their commitments on ensuring the freedom of trade for Iran to preserve the nuclear deal.

India used to be Iran’s second top oil buyer after China until May when US ended waivers granted to the country for import of oil from Iran.

ADNOC is weighing the possibility of dropping restrictions on destinations for all its crude oil.

Iran is exempt from an agreement between major global oil exporters to maintain cuts of 1.2 million bpd until March 2020.

An Iranian airline and an Omani holding company signed an agreemnt to increase bilateral relations and joint cooperation in airport services.

It is always hard to predict the future and a lot will depend on how the global economy will perform.

The U.S. has already threatened sanctions on the Nord Stream 2 natural gas pipeline currently under construction in Europe.

Iran and Russia have a long history in trade cooperation.

China is importing Iranian crude at a rate of 150.000 to 220.000 bpd despite the end of sanction waivers.

Any slowdown in global economic growth will put the brakes on demand for oil.