US ban on covert Iran oil shipping networkThe United States slapped financial sanctions on a Greek businessman it says secretly operated a shipping network on behalf of the Iranian government to get around international sanctions on the country's sale of oil. More… |
Iraq to begin oil shippingIraq plans to begin crude oil shipping operations in March as it prepares to export larger volumes of crude in the future, the head of Iraq's State Oil Marketing Organisation said. Iraq last year awarded contracts to foreign oil firms that More… |