Tag Archives: United States of America

The United States holds a reserve of about 660 million barrels.

The Trump administration has said there are more than 50 foreign companies that have withdrawn their business from Iran.

US tariffs of 25 percent on $34 billion of Chinese imports took effect on July 6.

The US has repeatedly urged European countries to not participate in Nord Stream 2.

Russia is keen to press ahead with the Nord Stream 2 pipeline since it has the potential to double its gas exports under the Baltic Sea to Germany.

The United States led the world in oil production for much of the 20th century.

The United States started the petroleum reserve in 1975 after oil supplies were interrupted during the 1973 energy crisis.

The US president had launched a sharp public attack on Germany on Wednesday for supporting a Baltic Sea gas pipeline deal with Russia.

U.S. tariffs on foreign steel are testing oil and gas companies’ ability to navigate the Trump administration.

A sharp growth in fuel prices that have risen by over 8% year-to-date. has forced the authorities to take emergency measures.