Tag Archives: United States of America

The Iranian Oil Ministry called the US efforts to cut Iran oil exports a futile attempt.

Much will depend on the European Union. which has vowed to resist US sanctions on Iran.

Some believe that China’s move aims to keep oil as a bargaining chip for future negotiations on tariffs or Iranian sanctions.

China'.s LNG import volume is soaring as it moves to fulfill growing domestic demand for gas.

Total had previously withdrawn from the field in 2009 because of sanctions.

In July. Venezuela’s oil production came in lower than PDVSA had targeted. according to Argus Media.

Iran’s output was the lowest since April last year at 3.75 million bpd.

US LNG has so far been excluded from tit-for-tat tariff rounds between Washington and Beijing.

Gas pipelines connecting Russian supply to Europe make further inroads.

The latest threat from President Trump is to slap tariffs on US$200 million worth of Chinese goods.