Iran says difficult days ahead for oil consumers around the world

Must Read

OilNOW
OilNOW
OilNOW is an online-based Information and Resource Centre

Iran’s oil minister said on Tuesday that U.S. sanctions on Iranian crude exports mean difficult days for oil consumers worldwide, adding that waivers issued by Washington to eight importing countries will not satisfy market demand, Reuters said in a November 6 report.

“The issued waivers have not been enough for the market demands… Unfortunately difficult days are predicted for oil consumers around the world in coming months,” Bijan Zanganeh was quoted as saying by the oil ministry’s news agency SHANA. (Reuters)

- ADVERTISEMENT -
ADVERTISEMENT

Partnered Events

Latest News

Chevron’s quarterly profit drops 44% due to lower oil prices, Hess shares revalue

Chevron Corp reported a 44% drop in second-quarter profit on Friday, hurt by lower crude prices, weaker affiliate income,...

More Articles Like This