Tag Archives: United States of America

China is the top buyer of Iranian oil and nearly all its oil payments go through Kunlun Bank.

Tehran lashed out at Washington for its attempt to wield influence on the Organization for Petroleum Exporter Countries (OPEC) through Saudi Arabia to undermine the role of Iran and Venezuela as the two major members of the oil cartel.

Iranian Parliament Speaker Ali Larijani said that Washington has failed in its attempts to prevent Iran'.s oil sales and its purchase of goods from other countries.

Speaking at Huawei'.s annual user group meeting in Wuzhen. Zhejiang. Huawei Carrier CEO Ryan Ding said the Chinese tech giant will continue providing 5G products and partnering with carriers to build a ".=fully connected. intelligent world.

Tensions are expected to rise yet further after the 13th June attack on two US tankers in waters between the Gulf Arab states and Iran.

The United States'. unilateral sanctions against Iran have failed to block export of copper from the country.

The U.S. will hardly become completely self-sufficient with oil overnight.

The current experiment is an attempt to provide more definitive answers.

US crude exports will keep rising as domestic production grows.

Spanish oil firm Repsol has announced it has achieved first oil from its deep-water Buckskin project in the Gulf Of Mexico.