Iraq’s oil exports from its southern ports have reached 3.42 million barrels per day (bpd) so far in July, two oil officials told Reuters on Monday. Exports from its southern Continue Reading
ISTANBUL (Reuters) – Turkey will continue drilling for gas in waters off Cyprus if the internationally recognized Greek Cypriot government does not accept a cooperation proposal put forward by Turkish Continue Reading
The long-awaited, and feared, delivery of Russian S-400 missile systems to Turkey has started. In spite of US and European warnings that Ankara should reconsider the Russian arms deal, to Continue Reading
The U.S. State Department has threatened China with sanctions because of its continued imports of Iranian oil—a move that was only to be expected but hardly the wisest one amid Continue Reading
On Thursday, a British-flagged tanker transited the Strait of Hormuz under naval escort, while another vessel off the coast of Saudi Arabia delayed crude-loading and appeared to await an escort, Continue Reading
President Bashar al-Assad’s assault in the northwest has been met with a painful rebel counterpunch that underlines Turkish resolve to keep the area out of his hands and shows why Continue Reading
US views Chinese imports as weakening ‘maximum pressure’ China importing an estimated 150,000-200,000 b/d of Iranian crude The US will sanction China if it continues to import Iranian crude in Continue Reading
Iran called on Britain on Friday to immediately release an oil tanker that British Royal Marines seized last week on suspicion it was breaking European sanctions by taking oil to Continue Reading
Last week Saudi Arabia announced that it is to launch its first Euro-denominated bonds shortly, following the recent bond issue from Saudi Aramco. At around the same time, the effective Continue Reading
The Asian Suezmax market was watching developments cautiously Thursday after oil major BP’s tanker, the British Heritage, was allegedly approached by Iranian vessels in the Persian Gulf. Receive daily email Continue Reading
