Russia is willing to step in to help Iran export its oil while the country is struggling to keep the oil flowing due to the new US sanctions.
Iran’s budget counts on raking in around $30 billion from oil and gas condensate exports, Oil Price reported.
It was holding out hope that Europe would...
Crude and condensate in long-term floating storage hit its highest since August 2017 in May at 24 million barrels, as US sanctions against Venezuela and Iran hindered the ability of the OPEC members to export, data from analytics firm Vortexa showed.
Floating storage rose 15 million barrels in...