Will Venezuela become oil biggie? As US lifts sanctions, experts weigh in
The Joe Biden administration removed the majority of the six-month limitations on Venezuela's ability to produce, sell, and export oil to specific markets...
Tag : sanctions
Amid geopolitical tensions, OPEC sticks to 2024 oil demand forecast
OPEC and its allies, known as OPEC+, began limiting supplies in 2022 to support oil prices...
IF Insights: Have the sanctions against Russia worked?
One of the primary objectives of the sanctions was to limit Russia's access to the global energy market and reduce its ability to export oil...
Trump blames China for stalled nuclear talks with North Korea
The US President Donald Trump accused China of undermining the country’s efforts to pressure North Korea into giving up its nuclear weapons...
Sanctions on Iranian oil industry to cripple economy: Oxford report
Analysts with Oxford Economics predict that the country’s economy will contract by 3.7% in 2019, its worst performance in six years...
Dollar dips on trade optimism as US-China talks are awaited
The dollar sagged on Monday as investor demand for the safe-haven currency receded on optimism over a reduction in US-China trade tensions...
Restored Iran Sanctions mark unease for US’s European allies
The Trump administration's re-imposition of sanctions on Iran has America’s European allies fear greater regional instability...
Iran central bank forex chief arrested ahead of US sanctions
Ahmad Araghchi, who was a vice-governor at the bank in charge of forex, was arrested along with several other unnamed individuals, according to state broadcaster IRIB...
Italy to push for ties with Iran
Remains undaunted by Trump’s election as US president IFM Correspondent November 24, 2016: In a rebuttal to US president-elect Donald Trump, Italy’s industry minister pledged to support business deals with Iran potentially worth billions of dollars. Iran re-joined the global business scene in January this year after the US decided to lift sanctions on the...