Washington, DC – The prisoner swap between the United States and Iran is a step towards de-escalating tensions between the two countries, experts say, but it does not point to an imminent thaw in frosty […]
The UN nuclear watchdog has criticised Iran for effectively barring several of its most experienced inspectors from monitoring the country’s program. International Atomic Energy Agency (IAEA) chief Rafael Grossi on Saturday condemned Iran’s “disproportionate and […]
Last week, Brent crude topped $90 per barrel for the first time since last November, and WTI climbed to an 11-month high, too. The reason: Saudi Arabia and Russia said they would extend their oil […]
The administration of United States President Joe Biden has cleared the way for the release of five American citizens detained in Iran by issuing a blanket waiver for international banks to transfer $6bn in frozen […]
Less than a month ago, we reported that according to Kpler estimates, China was expected to import as much as 1.5 million barrels per day (bpd) of crude oil from Iran in August, the most […]
The finalisation of Oman’s Duqm refinery complex is a strategic step for China and Iran. The 230,000-bpd Duqm refinery project is crucial in China’s plan to build up a petrochemicals presence in the Middle East. […]
ENB Pub Note: An excellent overview of the BRICS expansion. It is clear that the new members are a solidification of the BRICS Bank and the global financial model changing. The other Geopolitical implications are […]
New composition of BRICS will control 80% of world oil production With the addition of Saudi Arabia, the United Arab Emirates and Iran to the BRICS, the Union will be able to control the lion’s […]
The five-nation BRICS group announced expansion of members on Thursday, having invited six countries to join the bloc. South African President Cyril Ramaphosa, who is hosting the group’s summit in Johannesburg, said that Argentina, Egypt, […]
China’s top diplomat has said that a Chinese-mediated detente between Iran and Saudi Arabia was driving a “wave of reconciliation” in the Middle East and pledged to firmly support Tehran on “issues concerning core interests”. […]
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