Posts Tagged: Global Oil Prices
Report: Oil Market Oversupply Dashes Iran’s Economic Hopes After Lifting of Sanctions
Iran is about to get a refresher course in the capricious nature of the oil market and the durable nature of economic sanctions. When US and...
Millions of Iranian Oil Barrels to Flood World Markets Next Week
Millions of extra barrels of Iranian crude oil could begin spilling on to world markets next week, adding further to fierce downward pressure on prices,...
Think Tank: As Oil Prices Drop, Sanctions Relief Not Likely to Improve Iranian Economy
Sanctions relief will only provide Iran with a "moderate positive impact on the economy," unless wide fiscal and monetary reforms are implemented in the country, the International...
Rouhani: Countries Behind Drop in Oil Prices ‘Will Regret This Decision’
Yahoo/Reuters - Iranian President Hassan Rouhani said on Tuesday that countries behind the fall in global oil prices would regret their decision and warned that...
Iran Accuses Saudi Arabia of Oil Conspiracy, Urges Shia Muslims to Rebel
Voice of America - Iranian hard-liners are lashing out at Saudi Arabia, accusing it of conspiring with the West to keep oil prices low in...
Drop in Oil Prices Forces Hezbollah to Impose Salary Cuts, Delay Payments to Suppliers
Yahoo - Hezbollah, the Shi'a militant group, is facing a new enemy: financial austerity. A slump in global oil prices and nuclear-tied sanctions are squeezing the group's...
Iran Calls on Saudi Arabia to Help Curb Plunging Oil Prices
Reuters - Falling world oil prices will hurt countries across the Middle East unless Saudi Arabia, the world's biggest crude exporter, takes action to reverse the slump,...
Modern Day Geopolitical Conflicts and Their Effects on Global Oil Prices
In an election year, the last thing an incumbent President needs when running for re-election is a spike in oil prices. As The New York...