Iranian Oil Minister Bijan Zanganeh said in a televised speech on Saturday that Iran is determined to develop its oil industry in spite of US sanctions imposed on the country
China National Petroleum Corp has halted August loadings of Venezuelan oil following the latest set of US sanctions on the South American exporter, two Beijing-based senior sources with direct knowledge
Chinese tech giant Huawei Technologies Co Ltd estimated on Friday its 2022 revenue remained flat, suggesting that its sales decline due to US sanctions had come to a halt.
Opec and its allies have no choice but to remain proactive given the uncertainties that face the market, the Saudi Arabian oil minister said. “The market has been subject to some extreme shocks and if it were not for the proactive approach and the pre-emptive steps that Opec+ adopted, these shocks would have created havoc in oil
Xi "pushed for the US to show flexibility and meet the DPRK (North Korea) halfway, including the timely easing of sanctions against the DPRK and finding a solution to each other's concerns through dialogue," Wang Yi told reporters.
Gibraltar’s police and coastguard, aided by British Royal Marines, detained a supertanker on Thursday suspecting of carrying crude oil to Syria in violation of sanctions, the territory’s Chief Minister Fabian Picardo said.
The first of the Russian S-400 defence systems that Ankara has purchased will be loaded on to cargo planes on Sunday and arrive in Turkey some time next week, privately-held broadcaster Haberturk reported.
Chinese tech giant Huawei launches its latest high-end smartphone in Munich on Thursday, the first that could be void of popular Google apps because of US sanctions.
The Trump administration imposed sanctions on Tuesday on Iran’s space agency for the first time, accusing it of developing ballistic missiles under the cover of a civilian program to launch satellites into orbit