The global oil market has largely shrugged off the sabre-rattling in the Middle East as the United States seeks to halt Iran’s oil exports. The oil price actually fell by 2% following the Trump administration’s …
Tag Archive for: "oil trade"
US Secretary of State Mike Pompeo announced on 22 April that the United States will terminate the ‘significant reduction exceptions’ for existing importers of Iranian oil. From 2 May, the waivers that have been in …
President Trump’s enunciation of ‘America First’ in his inaugural speech should have important implications for US policy toward the Middle East. It should mean disengagement from futile conflicts and reassessment of strategies toward key regional …
Australians will notice an interesting parallel between oil giant Woodside and its impasse with the Timor Leste government and an internal conflict within the Joko Widodo administration over how to develop what will be Indonesia’s …
Kicking off today’s round-up is an infographic on the world’s major oil trade flows. No surprises, the Middle East tops the list with the 850.1 million tonnes of crude oil flowing out of the country …