Friday , November 15 2024

Tag Archives: sanctions

Can Iran Exploit Its Remaining Oil Wealth?

As the Islamic Republic continues to fall behind in the rapidly evolving global energy industry, will it ever be able to take advantage of what remains of its enormous oil and gas wealth?​ Since Iran’s Islamic Revolution of 1979, the country’s oil and gas sector has continuously suffered from sanctions, …

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U.S. Presidential Election and Iran Oil Export

The upcoming U.S. presidential election presents a major political challenge for Iran’s economy, especially its energy sector and foreign exchange market. As the geopolitics of energy change, all developments directly impact the foreign policies of energy-producing and consuming countries. In the field of international relations, energy resources are sources of power, which if used …

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The Geopolitics of Iran’s Fuel Shipments to Venezuela

The US withdrawal from the Iran nuclear deal and sanctions on oil exports in 2018 have made the situation for Iran’s oil industry even more precarious. But US efforts to reduce Iran’s oil exports to zero have caused Tehran to sell oil in the grey market, or by using a third country. Despite the …

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The Future of Iran Energy Exports to Iraq

Major energy producing countries are using energy exports to increase political influence in consumer countries. Energy exports are one of the most important ways to create interdependence as well as stability and security in the region. Iran ranks second in the world’s gas reserves, but  domestic gas consumption increased sharply …

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Oil prices decline contrary to expectations

– Saudi Arabia’s quicker than expected output restoration sparks oil price fall Oil prices declined contrary to expectations due to the quicker than expected restoration of Saudi Arabia’s output, the contained global response to the drone attacks on Saudi Aramco’s facilities, and greater output from other supplier countries like Qatar, …

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Geopolitics of Increasing US Oil Production, Export Capacity

Shale gas has had a major impact on energy prices around the world. Due to Shale gas revolution, US advanced technology and innovation, America’s dependence on foreign energy sources especially the Middle East is decreasing. According to US Energy Information Agency last year US produced on average more than 5 million …

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