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Tag Archives: gasoline

Hezbollah says Lebanon ready for Iran fuel imports

Lebanon’s Hezbollah chief Sayyed Hassan Nasrallah on Friday repeated pledges to import Iranian fuel should shortages across the country persist, saying that all logistical steps for that possibility were complete. Nasrallah, who heads the Iranian-backed armed Lebanese group, said earlier in June Iran could supply fuel to Lebanon in local …

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New York court lambasts Trump Iran sanctions

A U.S. judge on Wednesday forcefully rebuked federal prosecutors for a series of failures, including withholding exculpatory evidence, that led to the dismissal of an indictment against a banker who had been convicted of Iran sanctions violations. U.S. District Judge Alison Nathan in Manhattan said prosecutors in the U.S. Attorney’s …

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Turkey helping heal political rifts in Venezuala

Two high-profile Venezuelan opposition leaders are in talks with the government of President Nicolas Maduro to participate in the upcoming legislative elections despite a planned boycott, a Turkish official involved in the talks said on Tuesday. Opposition parties had agreed to sit out the parliamentary vote slated for December, arguing …

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US oil sector preparing for battle

The world is about to run out of oil storage and U.S. shale producers are selling crude for almost nothing but they are still refusing to shut production, hoping to survive the storm, one of the world’s biggest oil traders said. The continuing production shows the challenges that Russia and …

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China looks at ending sales of gasoline cars

China is joining France and Britain in announcing plans to end sales of gasoline and diesel cars. China’s industry ministry is developing a timetable to end production and sale of traditional fuel cars and will promote development of electric technology, state media on Sunday cited a Cabinet official as saying. …

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