Russia and Iran have dramatically slashed oil prices to capture a bigger slice of the Chinese market amid shifting global supply trends. This bold strategy is designed to lock in long-term market dominance as demand patterns continue to change
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Italy firmly holds its position as the leading buyer of Azerbaijani oil, Caspian Post reports. This strong demand highlights Italy’s crucial role in shaping the energy dynamics of the Caspian region
Venezuela has announced daring plans to deploy naval vessels to its vital oil export hub, responding decisively to recent U.S. sanctions. This bold strategy aims to protect shipments and tighten control amid escalating geopolitical tensions