A new bill introduced late Wednesday to the US Senate aimed at strengthening Washington's sanctions against Iran could affect Asian countries that pay for Iranian crude in foreign currencies, sources familiar with the matter said Thursday. ...
Tags: Senate Bill, US Senate
Talks aimed at resolving the oil payments dispute between the Kurdistan Regional Government (KRG) and the Iraqi Federal Government are believed to have reached deadlock. Hopes of a resolution had been raised last week, but coalition ...
Tags: Iraq, Oil Payment, KRG
The Kurdish autonomy of Iraq has reduced oil supplies to the central government on account of non payment of debts to foreign companies operating on its territory. Mr Ali Hussein Balou an adviser to the Kurdish Ministry of Natural ...
Sri Lanka will sidestep US led sanctions against Iran by diverting its oil payments towards a water management project that Tehran is funding in the island. Mr Ivan de Silva Sri Lankan water resources secretary said that PKR 2 billion ...
Tags: oil payments, crude oil, water management project, US sanctions