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Iran

Euroviews. Hossein Dehghani: The lost balance of the Iran Nuclear Deal and Iran’s “strategic patience” ǀ View

The nuclear deal is a major EU foreign policy achievement, and I am inclined to believe that the EU – the EU triumvirate in particular - is in a good place to maintain the existing frail balance on the multi and bilateral front by standing against the latest US offensive on the JCPOA.

USA

How can the price of oil be negative? Euronews answers

For the first time ever, US crude oil prices dropped below $0 on Monday. Euronews breaks it all down for you.

USA

US oil prices plunge below zero amid coronavirus pandemic

Demand for oil has decreased significantly amid the coronavirus pandemic.

World News

OPEC, oil nations agree to unprecedented production deal to cut output

Oil-producing nations on Sunday finalised an unprecedented production cut of nearly 10 million barrels, or a tenth of global supply, in hopes of boosting crashing prices amid the coronavirus pandemic.

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Australia

'Win for nature': Plans to drill in Great Australian Bight abandoned

Green groups are celebrating oil company Equinor's decision to abandon its drilling plans in the biodiverse Great Australian Bight

Belarus

Russia resumes limited oil supplies to Belarus amid stalled talks

Russia and Belarus have reached an agreement for limited oil supplies following the decision from Moscow earlier this week to stop providing crude oil.

Iran

Iran’s Khamenei defends fuel price rises amid protests

Khamenei told state television that the government is raising petrol prices in order to provide additional subsidies to low income families.

The Cube

Why Iraqis are on the streets after 'years of anger and frustration'

Prime Minister Mahdi says he will listen to the ''legitimate'' demands of protesters, but with many calling for his downfall, what is next for Iraq?

USA

US to send troops to Saudi Arabia after attacks on oil installations

Drone strikes on key Saudi oil installations last Saturday have reduced the flow of the world's oil supplies by about five percent.

Saudi Arabia

Euroviews. Trump finally deserves credit for something: Making the Middle East worse ǀ View

The dangerous downward spiral in the Middle East stems from the U.S. scrapping the Iran nuclear deal without a strategy in place.

World

Energy “Trilemma” Debated at World Energy Congress in Abu Dhabi

The World Energy Congress, an event and a council which represents more than 150 countries, was established in London in 1924.

No Comment

Drone attacks on Saudi Arabia oil refineries

Yemen's Houthi rebels have claimed responsibility for drone attacks on two Saudi Aramco oil refineries in Saudi Arabia.

Greece

Greece 'will not aid' Iranian tanker after U.S. warning

Greece 'will not aid' Iranian tanker after U.S. warning

United Kingdom

US makes last-ditch bid to seize Iranian oil tanker Grace 1

The United States has made a last-ditch attempt to stop an Iranian oil tanker from leaving Gibraltar.

Yemen

Yemeni tanker threatens oil spill ‘four times worse than Exxon Valdez’

Yemeni tanker threatens oil spill ‘four times worse than Exxon Valdez’

USA

US warns it will destroy any Iranian drone too close to its ships

The United States has warned it will bring down any Iranian drones that fly too close to its ships, following a string of incidents on the world's most vital oil shipping route.

Belgium

EU sanctions Turkey for drilling off the coast of Cyprus

EU foreign ministers decided to cut aid to Turkey and suspend high-level bilateral talks.

Cyprus

EU warns Turkey of sanctions if drilling off Cyprus continues

Turkey has denied it is doing anything illegal on the divided island - where a huge discovery of reserves has set off a race to tap into the resources.

Cyprus

Tensions mount as second Turkish ship plans to drill off Cyprus

A Turkish ship planning to drill for oil and gas close to Cyprus dropped anchor off the island on Monday, sparking tensions with Nicosia and the European Union.

World News

Britain seizes oil tanker in move that could exacerbate Iran tensions

This is the first time Europe has seized a tanker at sea despite a ban on oil shipments to Syria since 2011.