Defying sanctions, Iran turns into regional transit hub
For thousands of years, Iran has been an important route for the transit of foreign goods due to its geopolitical position. The country played...
Europe energy crisis: Western sanctions backfire
As the weather gets colder in Europe, the efforts for curbing gas and electricity consumption are reaching their limits and the short-lived relief the...
Missing out on LNG market Iran needs to take action
Last week, Qatar Petroleum announced the start of drilling operations for the development of its North Field (known in Iran as South Pars) gas...
Saudis’ price war or a Russian plot against U.S. shale?
Since early Monday, the announcement of a “price war” between Saudi Arabia
and Russia, two biggest OPEC+ allies, hit the headlines of almost all of...
How U.S.-China trade deal is going to impact Iranian oil exports?
U.S., and China are going to sign a trade deal, which is expected to ease the tensions between the two economic rivals and push...
Clash of titans: Is OPEC+ deal nearing its end?
Only a few days is left before the unveiling of a big decision which
will mostly determine the future of oil market in the upcoming...
Is OPEC stuck in a cycle of endless cuts?
In its latest annual World Oil Outlook (WOO) report, published last
week, the Organization of the Petroleum Exporting Countries (OPEC) predicted
its oil production and market...
Trump’s unilateralism hurting global economy
Since 2017, when Donald Trump took office in the White House, the global
economy has gone through a whirlwind of deteriorating events. The situation has
become...
“Oil for development” budget, challenges and opportunities
Iran has recently announced that its next fiscal year’s budget is going
to be set with less reliance on oil revenues.
Last week, Head of...
Attack on Saudi oil facilities: Consequences and solutions
As expected, oil markets started Monday trading with an unprecedented
jump in prices following the attacks on Saudi Arabia’s oil facilities which
wiped nearly five percent...