Category: Oil
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London Targets Tehran’s Sanctions-Busting Oil Trading Kingpin
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info By Alex Kimani – Sep 16, 2024, 11:30 AM CDT The UK government is cracking down on oil-trading kingpin Hossein Shamkhani’s secretive oil trading empire, known for moving Iranian and Russian crude around the world. According to Bloomberg,…
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Iranian President Masoud Pezeshkian Visits Iraq: Messages and Significations
In his first foreign visit after being elected as Iran’s president, Masoud Pezeshkian undertook a three-day trip to Iraq from September 11 to September 13, 2024. This visit came in response to an official invitation from Iraqi Prime Minister Mohammed Shia’ al-Sudani in July 2024 and included stops in five Iraqi cities: Erbil, Najaf, Karbala,…
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America’s Self-Inflicted Wound In Central Asia
President Joe Biden hosts a meeting with central Asian presidents for the Central Asia 5+1 Summit, … [+] Tuesday, September 19, 2023, at the U.S. Mission to the United Nations in New York City. (Official White House Photo by Adam Schultz) White House In Central Asia, everyone appears to be moving to secure riches and…
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Iraq and the Future of U.S. Military Presence
The Iraqi Government and Internal Balancing Around two weeks after this postponement, U.S. Central Command announced in late August 2024 that its forces had conducted a joint raid with Iraqi security forces against ISIS elements in the country. The timing of this operation was seen as an attempt to suggest that the continued presence of…
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Saipem scoops up $4 billion for work on mega natural gas field offshore Qatar
Home Fossil Energy Saipem scoops up $4 billion for work on mega natural gas field offshore Qatar September 16, 2024, by Melisa Čavčić Italy’s engineering, drilling, and construction services provider Saipem has won a multibillion-dollar deal for an offshore project designed to help maintain natural gas production from the biggest field off the northern coast…
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Iran stands ready to cooperate with countries in nuclear sphere – official
BAKU, Azerbaijan, September 16. Iran declares its readiness to cooperate with other countries in the nuclear sphere, the Iranian Atomic Energy Organization’s Vice President Mohammad Eslami said at the 68th conference of the International Atomic Energy Agency (IAEA) held in Vienna on 16 September, Trend reports. According to him, Iran has achieved several achievements in…
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Iran expects Russia’s serious support for North-South international corridor – minister
BAKU, Azerbaijan, September 16. Iran expects Russia to seriously support the North-South international corridor, Iranian Minister of Economy and Finance Abdolnaser Hemmati said at a meeting with Aide to Russian President Igor Levitin in Tehran on 16 September, Trend reports. According to him, Iran, Russia, India, and Persian Gulf nations can improve collaboration by rapidly…
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How Yemen’s Houthi Rebels Get Hold Of Ballistic Missiles To Attack Israel
The Houthis are part of a growing network of Iranian-backed militias and political factions. New Delhi: Yemen’s Houthi rebels launched a ballistic missile that struck near Israel’s Tel Aviv, a bustling commercial hub on Sunday. Rebel Houthi leader Abdul Malik al-Houthi claimed responsibility for the missile, describing it as a “ballistic missile” that penetrated Israel’s…
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Oil prices inch up on Fed rate cut outlook
Oil prices edged up in early trade on Monday amid expectations of a U.S. interest rate cut this week, though gains were capped by U.S. supply resumptions following Hurricane Francine and weaker China data. Brent crude futures for November were up 15 cents, or 0.2% at $71.76 a barrel at 0015 GMT. U.S. crude futures…
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Oil prices inch up on Fed rate cut outlook
An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cnsphoto via REUTERS/File Photo Purchase Licensing Rights, opens new tab SINGAPORE, Sept 16 (Reuters) – Oil prices edged up in early trade on Monday amid expectations of a…