China’s crude oil imports from Iran in September fell sharply from the same month last year in a sign that China has curbed its purchases from the Islamic republic as Continue Reading
“Iran’s ability to turn its tankers truly into ghost-ships will be more limited,” said Richard Nephew, former deputy coordinator for sanctions policy at the U.S. State Department. On a typical Continue Reading
Those energy analysts who are not yet bored to death with the whole Iran business must be having a field day making forecast after forecast about how many barrels the Continue Reading
China’s imports of Iranian crude dropped in September both compared to the same month last year and to August, while crude oil imports from the U.S. doubled year-on-year in September Continue Reading
Washington has granted India a waiver from the sanctions against Iran that snap back this Monday, the Economic Times reports , noting the waiver was secured after India agreed to Continue Reading
The U.S. government has agreed to let eight countries, including close allies South Korea and Japan, as well as India, keep buying Iranian oil after it reimposes sanctions on Tehran Continue Reading
Saudi Arabia reported a fiscal deficit of US$1.95 billion (7.3 billion riyals) for the third quarter of the year, down from US$1.97 billion (7.4 billion) in the previous quarter, The Continue Reading
Iraq’s new Cabinet has proposed $24 billion in spending increases in a 2019 draft budget sent to Parliament, marking a dramatic shift away from the austerity budgets initiated when the Continue Reading
President Donald Trump has determined there was enough crude oil and oil products supply globally to offset any loss of supply from Iran after U.S. sanctions enter into force next Continue Reading
The allegations are forcing EU leaders to confront a dilemma they have tiptoed around: how to protect the nuclear accord while countering Iranian actions—a balancing act they have struggled to Continue Reading
