In bow to Trump, China instructs state-owned firms to stop buying Iran’s oil

In bow to Trump, China instructs state-owned firms to stop buying Iran’s oil

by WorldTribune Staff, October 26, 2018 In a major victory for U.S. President Donald Trump, China has instructed its export-finance bank and largest state-run oil refineries to cease purchasing Iranian oil. Reuters quoted Chinese officials as saying they feared running afoul of U.S. sanctions which kick in on Nov. 4, adding that it was uncertain […]

Iran signs $6 billion gas deal with France’s Total

Iran signs $6 billion gas deal with France’s Total

by WorldTribune Staff, November 8, 2016 Iran on Nov. 8 signed a $6 billion gas development deal with France’s Total. The deal is the first of its kind between the Islamic Republic and a Western energy firm since the nuclear deal with world powers took effect in January 2016. The deal for development of Phase […]