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US sanctions are nevertheless causing major difficulties for importers. Even for trade that is technically exempt from sanctions, notably food and medicines, a lack of financial…
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DOI: 10.1108/OXAN-DB241775
ISSN: 2633-304X
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The government is pressing ahead with key developments in the energy sector. These include attempts to boost electricity supply and reduce dependence on Iranian gas and power.
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DOI: 10.1108/OXAN-DB242202
ISSN: 2633-304X
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Geographic
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Last month, Tehran announced that it would reduce adherence to certain commitments under the agreement unless other signatories afforded it the promised economic gains.
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DOI: 10.1108/OXAN-DB244308
ISSN: 2633-304X
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Geographic
Topical
Ministers of OPEC and other oil-producing states are preparing to meet in Vienna. They will decide how to respond to calls -- including from the United States and India -- for…
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DOI: 10.1108/OXAN-DB235532
ISSN: 2633-304X
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Oman and Bahrain, already struggling with rising public debt levels and high fiscal deficits, are in the most exposed medium-term position.
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DOI: 10.1108/OXAN-DB252404
ISSN: 2633-304X
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Geographic
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The economic and social impact of COVID-19 -- and especially the crushing effect on global oil markets -- comes amid worsening US-Iran tensions. Internally, political deadlock and…
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DOI: 10.1108/OXAN-DB252148
ISSN: 2633-304X
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Geographic
Topical
Turkey has long been the key player in Iraqi Kurdistan's oil and gas sector, facilitating oil exports and offering gas transit. However, the Kurdish referendum, coupled with…
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DOI: 10.1108/OXAN-DB222256
ISSN: 2633-304X
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This followed several days of wargames in the area by the Islamic Revolution Guard Corps (IRGC). US plans to reinstate sanctions on Iran -- the first tranche came into effect…
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DOI: 10.1108/OXAN-DB236650
ISSN: 2633-304X
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Tehran’s more sophisticated sanctions avoidance tactics and greater willingness to test Washington’s enforcement have substantially boosted exports from 2019 lows. The slow…
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DOI: 10.1108/OXAN-DB260273
ISSN: 2633-304X
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Geographic
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The oil shipments were part of a five-year deal that Saudi would provide Egypt with 700,000 tonnes of refined oil products per month, but these were stopped in early October amid…