UN Snapback Sanctions and Their Implications on Energy and Bitumen Markets
WPB states that the reinstatement of the United Nations "snapback" provision on September 27, 2025, has once again put Iran in the whole range of nuc...
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WPB states that the reinstatement of the United Nations "snapback" provision on September 27, 2025, has once again put Iran in the whole range of nuc...
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The delegation, who had traveled to Washington for discussions with U.S. authorities, repeated the same request, a source present at the negotiations...
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The current UN General Assembly, which is scheduled to continue until September 29 in the United States, has attracted significant international inte...
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The snapback mechanism, as outlined in Resolution 2231 (JCPOA), gives the signatories to the agreement, in the event of a "serious breach" of Iran's ...
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According to WPB, President Donald Trump has revealed a significant shift in his approach toward Iran and China. In a post on Truth Social, he stated...
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According to WPB, a recent maritime accident involving two oil tankers near the Strait of Hormuz has raised fresh concerns over the safety of navigat...
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According to WPB, the Strait of Hormuz has once again come under intense scrutiny due to heightened tensions between Iran and Israel. As a vital arte...
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According to WPB, a recent wave of Israeli airstrikes has severely impacted Iran’s vital energy infrastructure, with key facilities in the capital ...
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According to WPB, a sharp rise in global oil prices has followed a dramatic escalation in military tensions between Iran and Israel. Israeli forces h...
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China’s state-owned energy giant Sinopec has entered into an agreement with a subsidiary of Saudi Aramco to establish a new joint venture, with a r...
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Energy collaboration between Iran and Russia has expanded, with Russian firms signing agreements to develop Iranian oilfields and both sides engaging...
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According to Espad Darya Paya’s Public Relations Department, following the tragic incident at Shahid Rajaee Port, the company has expressed its sym...
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In a bid to persuade Washington to ease a proposed 32% tariff on its exports, Indonesia—the largest economy in Southeast Asia—is preparing to off...
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Chinese Premier Li Qiang has signed an order to implement new regulations aimed at strengthening the country’s countermeasures against foreign sanc...
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China’s gasoline exports in February fell to their lowest level since August 2012 due to reduced refinery production and lower profit margins.
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Despite a license explicitly prohibiting payments to the Venezuelan government, the Biden administration secretly allowed Chevron to send hundreds of...
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As negotiations continue to end the war in Ukraine, the potential easing of sanctions imposed on Russia—particularly in its vast energy sector—is...
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The CEO of Tehran Refinery announced that the largest industrial water treatment unit at Tehran Refinery is under construction.
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The first e-methanol produced in Denmark has the potential to replace fossil fuels in heavy transport and aviation.
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Despite the push for renewable energy, demand for petroleum remains high, highlighting its continued importance in the global energy mix.
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