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EU intensifies sanctions against Iran following nuclear program
The European Union tightened its restrictive measures against Iran, following the concerns about its nuclear program, after Iran refused to enter constructive talks with the United States and E.U.
read more... 24/05/2011
Libyan trade affected by U.S. sanctions
Recent events in Libya have led the United States and other countries to impose sanctions on Libya. Due to these sanctions, a number of U.S. oil trading companies have pulled back from trading crude and refined products in and out of Libya and some large banks have withdrawn their funds.
read more... 10/03/2011