The Aide to the Russian President Yuri Ushakov in a phone conversation with Iran's Ambassador to Russia Kazem Jalali emphasized Moscow's strong opposition to US sanctions against Iran, especially amid coronavirus outbreak.
Read More »How Iran’s Oil Attracted US
The United States suffered least damage among the nations involved in the World War I and World War II.
Read More »OPEC will Continue Talks on Oil Issue with US Regulator
OPEC Secretary General Mohammad Barkindo held telephone talks with the Texas Railroad Commission late on Friday, March 20, a source in the secretariat told TASS, adding that the sides agreed to continue consultations. Later the commissioner Ryan Sitton confirmed the information via Twitter. “A telephone conference with US colleagues just …
Read More »US to Become the ‘World’s Leading LNG Exporter by 2025’
The US will become the world’s leading exporter of liquefied natural gas (LNG) by 2025, says an analyst. LNG has grown in popularity over recent years, providing energy companies with a lower-carbon alternative to coal as they seek to reduce their emissions amid growing climate change pressure. Record production levels …
Read More »US Sanctions Powerful Obstacle to Iran’s COVID-19 Battle
The Russian Foreign Ministry called on the US to lift its anti-human sanctions against Iran amid the outbreak of the novel coronavirus in the country, saying that the measures act as a powerful obstacle to Tehran's effective fight against the infection.
Read More »Zarif Calls on UK not to Observe US Anti-Iran Sanctions Based on JCPOA Obligations
Iranian Minister of Foreign affairs Mohammad Javad Zarif urged UK not to observe US anti-Iran sanctions based on its JCPOA commitments.
Read More »Oil Crisis Too Large for SPR Fix
On March 13, President Trump proposed using the Department of Energy to buy oil for the Strategic Petroleum Reserve (SPR) in a bid to soak up some surplus oil from the market. Oil prices received a jolt on the news just before the close of trading on Friday. However, the …
Read More »US Shale will be First Casualty of Oil Price War
Although the oil price war was triggered by the Russia-Saudi fall-out, US shale will be the first casualty, writes Robin Mills. In the process, the US will learn that producing a lot of oil at high prices is not the “energy dominance” it has made a centerpiece of foreign policy, …
Read More »Saudi Arabia is Starting a Reckless Oil War with Russia, the US Is also a Target
In a reckless move characteristic of his leadership, Saudi Crown Prince Mohammad Bin Salman, known as MBS, spurred an oil crisis this week that cratered financial markets and could devastate American oil producers. After Saudi Arabia indicated it will massively ramp up oil production, oil prices experienced their biggest one …
Read More »US Oil Companies to Slash Spending Amid Saudi-Russian Trade War
American oil producers are slashing their budgets for new operations for the rest of this year, which means far fewer new rigs, a painful downturn for dozens of oil-field services companies and the certainty of layoffs, from Texas to North Dakota. Worldwide, the coronavirus pandemic has kneecapped the petroleum business, …
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