Tag: Trump’s sanctions

Commercialization, Conventional Fuels, News and Policies, World

Trump’s Sanctions On Iran Just Handed A Big Victory To Russia

October 30, 2018

Via: Forbes

Who most benefits from US sanctions on Iran? Is it Saudi Arabia? Israel? Perhaps the United Arab Emirates? Try Russia. By weakening Iran, the sanctions cede Russia the power to balance crude oil markets. That’s because OPEC needs big producers […]

Commercialization, Conventional Fuels

Trump’s sanctions on Iran could push oil prices above $100 per barrel

September 11, 2018

Via: CNBC energy

U.S. sanctions on Iran’s energy industry, when they come into effect in November, could potentially drive oil prices above $100 per barrel, according to an industry expert. U.S. West Texas Intermediate crude oil futures traded at about $68 per barrel […]