Tag Archives: Trade

The United States reimposed sanctions on exports of Iranian oil last November.

The US decision on Monday more than failing to snuff out Iran’s oil exports will disrupt markets and complicate Washington’s relations with Beijing and even its own partners. industry analysts say.

France reports progress in efforts towards the implementation of a direct payment mechanism. which the European country has launched alongside Britain and Germany to safeguard trade with Iran in the face of US sanctions.

Japan and South Korea are heavily dependent on foreign oil. specially from Iran.

The U.S. administration is preparing to announce an end to sanction waivers for countries importing oil from Iran.

Japan says it relies on crude imports from Iran and seeks to hold talks with the United States about the matter to keep its energy supply steady. amid ongoing attempts by Washington to curtail Iran’s oil sales.

Analysts criticized the end to the exemptions. which would hit Asian buyers the hardest.

Tehran’s measures to cushion the impacts of US sanctions against the country would take Trump by ``surprise.``

Cuba desperately needs new oil to help meet its energy needs.

Cuba desperately needs new oil to help meet its energy needs.