The PTI news agency has quoted ‘sources’ in New Delhi to the effect that the Farzad-B gas field project in Iran is slipping out of India’s hands.
The Trump administration is seeking international support to turn back the clock on sanctions against Iran erasing the negotiations made during the Obama administration. So far the
China is building a buyer’s group (or cartel) comprised of its major state oil companies. I’m frankly surprised that this wasn’t already the case, since
Iran’s political ties with US allies in the Persian Gulf have been on the rocks, but commercial ties have chugged along quietly, despite the Trump
The coronavirus outbreak has put the Arab Gulf States under the spotlight and exposed their structural weaknesses. It has also suggested that security, which is
China’s long-running pursuit of infrastructure projects in Iran is set to continue despite intensified US sanctions as the Islamic Republic battles the novel coronavirus, analysts
Is the planet under the spell of a range of Black Swans – a Wall Street meltdown caused by an alleged oil war between Russia
Last weekend, OPEC Plus, an expanded cartel of petroleum exporters, considered a plan for members to cut back on their oil production so as to
The Dutch disease is when a government earns lots of easy foreign currency from oil exports and the economic and political disruption it causes to
On Sunday, Iranian President Hassan Rouhani announced that a new oil field containing some 53 billion barrels of crude oil had been discovered in Iran’s
The Iranian Parliament Commission on Economy has recently approved cryptocurrency mining in the country amid US sanctions. Governor of the Central Bank of Iran (CBI),
After weeks of uncertainty, the Iranian government’s Economic Commission has approved a mechanism of cryptocurrency mining in the country, according to an announcement by the Iran Chamber of Commerce, Industries, Mines
The signs are mounting steadily now. As the Trump administration weaponizes the dollar in defense of American hegemony, it is prompting many other nations to find
After the destruction of the European as well as many Asian industrial infrastructures and economies due to WWII, the American industry and technology dominated the
Tensions between Iran and the United States have been simmering since Washington decided to withdraw from the 2015 nuclear deal in May 2018 and reinstated
I hate to break the news to China bashers, but the trade war with the US is over. I’ve maintained for months that Trump has
After the Trump administration’s Monday announcement that the United States would not renew its six-month waivers to third-party countries for their continued purchase of Iranian
Oil prices ran into a brick wall on Thursday, falling more than 1 percent on news that U.S. inventories jumped and OPEC may be considering
There will be thousands of disappointed fixed income investors this morning… gutted about their low allocations on the Aramco Saudi Oil deal. The $12 billion
Saudi Arabia has gone nuclear, threatening the petrodollar. Or has it? The report from Zerohedge via Reuters that Saudi Arabia is angry with the U.S. for considering
A new bloc is emerging in the greater Middle East with the declared objectives of dominating the entire Arab world, confronting and containing the US
China is taking advantage of steep discounts for Iranian and Venezuelan crude to increase its imports from the two countries sanctioned by the United States,
Iran has, for months, been meeting with representatives from the European Union, the Eurasian Economic Union and China, in an attempt to devise new ways
The answer to this question depends on the person you ask. Capitalism can be a blessing to those who have taken advantage of the opportunities
The Iranian government, which had enacted a total ban on crypto in April 2018, now appears not only willing to accept it, but also promote
