Categories
Geoeconomics

MIDDLE EAST:

IRAN:

  • The torrent of Iranian oil that’s been gushing into China (the world’s largest crude oil importer) in recent weeks is crowding out imports from other nations – as Norway, Angola, and Brazil–and threatening to complicate efforts by the OPEC+ alliance to tighten supply in the global market. The increased Iranian flows are happening as the administration of President Joe Biden attempts to revive a nuclear deal with Tehran.

SOURCE: BNN BLOOMBERG


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Categories
Global Energy Stategic Resources

Africa

AFRICA

  • NIGERIA: Nigeria’s energy sector is about to receive a major boost from huge investment decisions from China, which is eyeing key exploration operations in the oil and gas sector in Africa. China will also spend considerable fund in Angola, Uganda and Mozambique.

SOURCE: ENERGY MIX

 

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