The US Lifts Iran Oil Sanction Waiver

A new order in the works Since May 2018, when president Donald Trump backed out of the Iran nuclear deal and shifted to reimpose sanctions, it was assured by US officials that he would not provide exemptions allowing allies to import oil from Iran. Eventually, the tight market required some damage control for the US... Continue Reading →

The Nuclear Dilemma in Saudi Arabia

The Saudi monarchy is trying to phase-out the country’s dependence on petroleum products, which in 2016 accounted for around 80% of export revenue and two-thirds of government revenue [1]. Thus, under the banner of its “Vision 2030” project, the kingdom is looking to diversify its energy production by investing heavily in renewable energy and, more controversially,... Continue Reading →

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