Russia is reaping bumper revenue from oil and gas sales — but Iran and Venezuela should serve as cautionary tales for Moscow's oil industry in the longer run
have stepped in to buy Russian oil shunned by the rest of the international community, it's unlikely that Moscow will be able to find buyers for all the oil it sells to the EU, said Henning Gloystein, the director for energy, climate, and resources at the Eurasia Group, a risk consultancy.
In Venezuela, the degradation of its oil infrastructure has already hurt the quality of the crude grades it exports, resulting in price discounts and shipping delays,In Iran, oil embargos and technological restrictions have sent the industry into a state of chronic underinvestment, according to Schroders.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Iran karate team visa denied, won’t compete in Birmingham World Games; report cites terrorism link'In Iran, they are saying, ‘Death to America and Israel,’” said Sardar Pashaei, the former head coach of Iran’s national Greco-Roman wrestling team.
Read more »
US-Iran tensions could heat up this summerThe United States and Iran could be heading for a summer of further escalation after indirect talks to restore the 2015 nuclear deal ended without any progress last week
Read more »
US Navy Offers Cash for Tips to Seize Drugs, Weapons as Tensions With Iran ContinueThe 5th Fleet says it and its partners seized $500 million in drugs alone in 2021 — more than the four prior years combined. The 5th Fleet also intercepted 9,000 weapons in the same period, three times the number seized in 2020.
Read more »
Bedford VFW Post regains ownership of former building through fundraising, donationsMembers say it was a big blow, especially since the building has been around since the 1930′s and always occupied by veterans.
Read more »
Japan’s Yorushika Reveals Animated Music Video for ‘Bremen’Their first new song in nine months draws inspiration from a Grimm fairy tale.
Read more »
Iran karate team visa denied, won’t compete in Birmingham World Games; report cites terrorism link'In Iran, they are saying, ‘Death to America and Israel,’” said Sardar Pashaei, the former head coach of Iran’s national Greco-Roman wrestling team.
Read more »