Without the lifting of sanctions and a fundamental change in Iran’s foreign policy, it won’t be easy to resolve tensions in the region and increase the level of political and economic relations with neighbors. Regionalism and the development of Iran’s relations with Russia and China are among the presidency’s priorities in …
Read More »China, India and Turkey to siphon more Russian oil ahead of EU ban
NESREEN BAKHEIT and RURIKA IMAHASHI, Nikkei staff writers June 9, 2022 15:05 JST DUBAI/TOKYO — China and India are continuing to increase imports of Russian oil in a dramatic reshaping of global trade in energy, according to the latest industry data. But the ability of Asia to absorb more production …
Read More »Iran Cannot Develop its Oil Sector Without Sanctions Relief
Iran can neither increase its oil and natural gas production capacity, nor attract the necessary foreign capital and technology for their expansion, without the lifting of sanctions. Thanks to a combination of Western animosity and Iran’s regional foreign policy, the country’s energy industry has faced ever more onerous sanctions in …
Read More »There are challenges and opportunities in relations between Iran and Venezuela
Political and economic relations between Iran and Venezuela have grown over the past two decades. The South American country has the largest known oil reserves in the world but, despite being recognised as a leading economy on the continent for many years, Venezuela is a prime example of the “economic …
Read More »Iran’s second nuclear power plant: A dream or a reality?
Development of electricity generation capacities in nuclear power plants is a goal of Ebrahim Raisi, and the Darkhovin site is one, in this regard, to be able to compensate for Iran’s electricity shortage. Despite its vast oil and gas resources, Iran has not been able to play a significant role in the …
Read More »Russia and the Gulf: Implications for Global Energy Markets and Moscow’s International Isolation
Pressure is growing around the world to cut off international purchases of Russian oil because of the Kremlin’s war of aggression against Ukraine. In recent days, the government of Poland announced its intentions to do just that, in addition to self-embargos on Russian coal and natural gas, before the end …
Read More »Iran has a long way to go to export natural gas to Europe
The energy crisis in Europe, and Russia’s invasion of Ukraine have highlighted the importance of diversifying energy resources. Europe’s over-reliance on Russian energy resources and Russia’s use of energy weapons to further exploit the geopolitical dimension led to the issue of finding an alternative to Russian energy sources, after the sanctions imposed on Russia …
Read More »The economic and moral challenges of replacing Russian oil
When President Joe Biden announced a U.S. ban on Russian oil and other energy imports last week, he called the sanction a “powerful blow to Putin’s war machine” currently invading Ukraine. But the move means Washington must find alternative sources of crude elsewhere, and its search for new supplies, from …
Read More »Can Iranian oil stabilize a volatile market?
As fuel prices skyrocket following the Russian invasion of Ukraine, another major supplier of oil and natural gas is poised to play an important role. Before Donald Trump‘s withdrawal from the 2015 nuclear deal and the imposition of sanctions on Iran’s oil exports, Iran produced 3.8 million barrels of oil per …
Read More »Iran’s Petrochemical Development: A Challenge to Saudi Arabia?
Without using the capacity of foreign companies in the Iranian petrochemical industry, the gap between Iran and Saudi Arabia in petrochemical production will increase, and other competitors will also increase their share in the regional and global markets. In recent years, the export of petrochemical products from Iran has made …
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