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After US decision to withdraw from JCPOA and to reintroduce sanctions, Iran’s oil sector feels more pressure and uncertainty Almost four years ago, after years of difficult negotiations, the Iran nuclear deal, also known as the Joint Comprehensive Plan of Action (JCPOA), was signed. Many viewed it as a diplomatic triumph, which ...
... Japan, and South Korea are the biggest importers of Iranian crude, and they were at the forefront to increase imports from Iran in 2016. The European market followed their lead. Bloomberg reported that in January 2017 European states bought 600 thousand barrels of Iranian oil per day. No longer than a year ago, this figure was equal to zero. Not only is Teheran boosting its exports to old, established clients, but it is also testing new export destinations. Thus, 2016 saw the first Iranian oil cargo delivered to Poland,...
Top Five Factors Affecting Oil Prices The situation on the oil market is a cause for concern – members are worried, and increasingly asking questions: ... ... anxiety has chiefly been caused by the numerous unexpected events in July and August, which saw the lifting of sanctions against Iran, disappointment in the pace of growth in the Chinese economy, the situation in the Middle East, and OPEC member countries’ ...
| U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements |
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| U.S. wants to deter Russia’s military and political activity |
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| U.S. wants to dissolve Russia |
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| U.S. wants to establish alliance relations with Russia under the US conditions to rival China |
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