All countries that were given waivers from the United States to continue buying Iranian crude are nevertheless complying with American sanctions, Tehran said and added
Tag: South Korea
Market Update: Oil Prices Headed Down Amidst Eight Iranian Sanctions Waivers
Oil prices declined on the news that the United States would grant some countries waivers on Iranian crude imports. Brent crude oil lost around 16
London Rehearsing for Post-EU Future: Securing Korean Buyers for UK Oil
Britain and South Korea are discussing the protection of tax exceptions for Korean customers of North Sea oil after the UK leaves the European Union.
Northeast Asian Flashpoint: China Limits Oil Trade with North Korea
China has decided to curb its oil exports to North Korea on top of stopping its textiles imports from the rogue country. China’s oil exports
Market Update: Asian Buyers More Than Double Their Oil Imports from Iran
Iran’s November exports to its four major Asian customers more than doubled for a second straight month from a year ago. Imports of India and
Russia Boosts Crude Sales to Asia Endangering OPEC’s Market Share
Russia has strengthened its position in Asia by shipping almost a quarter more crude in 2015, which blunted OPEC’s drive to gain consumers in the
EU and OECD Decrease Coal Subsidies
The European Union and eight OECD countries have committed themselves to decreasing state aid for coal-fired power stations in developing countries although many of them
South Korea’s Fertilizer Aid Heading to the North
A South Korean non-profit organization provided fertilizer and other assistance to North Korea to help its neighbor build a greenhouse project. Representatives from Ace Gyeongam,
South Korea Approved a Fertilizer Aid Shipment for North Korea
South Korea announced on Monday (April 27) that it would allow a private aid group to send fertilizer to North Korea. This move is one
Saudi Arabia Curbs Oil Supply to Asian Customers
Saudi Arabia has decreased its oil exports to some of its Asian customers, mostly to South Korea and Japan since last month. The decision to