China has expressed a readiness to increase its investments in Nigeria’s oil industry. The China National Offshore Oil Corporation has plans to pump another $3 billion into this sphere on top of the $14 billion in assets that it already has in the West African state, which is a huge move that indicates its intent…
President Trump’s late-night, all-caps Tweet of Mass Destruction threatening Iran is bound to be enshrined in the Art of Diplomacy annals. But let’s go back to how this all started. After unilaterally pulling out of the Iran nuclear deal, the Trump administration has issued what amounts to a declaration of economic war on Iran and will…
Looks like Trump is running amok with his “trading policies”. Not only has he upset the European Union – which doesn’t deserve any better, frankly, for having been and still being submissive vassals against the will of by now 90% of Europeans; but he has also managed to get China into a fury. Well, for…
It is believed that the world’s largest oil company is Saudi Aramco, which is based in Saudi Arabia. It is noteworthy that Saudi Aramco is not “transparent” because it does not publish financial indicators such as profit, turnover, assets and market capitalization. Therefore, it is not represented in the ratings of the world’s largest oil…
In spite of its non-aligned history and its tradition of a decades long partnership with Moscow dating back to the 1940s, India’s contemporary foreign policy is a far cry for that of its comparatively recent past. Under Premier Narendra Modi’s BJP, India has begun allowing its historic friendship with Moscow to quietly die while engaging in…
The U.S. government has continued its attempts to shut down Iran’s oil exports, and in recent days Iranian officials responded by threatening to block the Strait of Hormuz. Such an outcome is highly unlikely, but the war of words demonstrates how quickly the confrontation is escalating. Oil prices spiked in late June when a U.S….
