Royal Dutch Shell

Royal Dutch Shell is Struggling to Pay Off $1 Billion That it Owes Iran

Shell oil company currently owes $1 billion to Iran for distributing Iranian crude oil in Europe , but recent financial sanctions by United States and European Union make it almost ...
Iran to Import 60,000 Tons of Sugar From India

Iran to Import 60,000 Tons of Sugar From India

India and Iran has finalized a deal to trade 60,000 tons of crude sugar . This is the most important foreign purchase of Iran after being under the strict sanctions from Unites States ...
Saudi Arabia is Seeking to Calm Fears About Oil Prices

Al Naimi : Saudi Arabia is Seeking to Calm Fears About Oil Prices

Saudi Arabia Oil Minister , Al Naimi , announced his country is ready to increase oil production to maximum capacity amounting to 12.5 million barrels a day if necessary because of ...
Royal Dutch Shell

Royal Dutch Shell : We Will Stop Buying Crude Oil From Iran Soon

Royal Dutch Shell announced on Thursday that the company will stop buying the crude oil from Iran the next few week before the European deadline to execute the sanctions . The spokeman ...
United States Forced Noor Islamic Bank in Dubai to Stop Dealing With Iran

United States Forced Noor Islamic Bank in Dubai to Stop Dealing With Iran

The U.S. governments forced Noor Islamic Bank in Dubai to stop the transfer of billions of dollars of Iran’s oil sales through the calculations in the framework of Western efforts ...