Tag

Iran

G7: War between Israel and Iran overshadows summit.

The conflict in the Middle East is replacing the war in Ukraine as the main topic of discussion for the heads of state and government, who are meeting in Canada until Tuesday. The EU's demand for an oil price cap for Russian oil has also become more difficult due to the rise in oil prices.

By Marc Winkelmann

Öl Raffinerie Schwerindustrie Industrie Sinopec

Iran: US imposes sanctions over oil exports to China.

The USA has stepped up the pressure on Iran – and once again targeted trade with China. Over 20 companies are believed to have been involved in a network that supplied Iranian oil to China on a large scale. Washington has now responded with targeted sanctions.

By Amelie Richter

Ölraffinerie

US sanctions against Iran: First Chinese refinery affected.

The US has imposed new sanctions against Iran, targeting a Chinese "tea pot" refinery for the first time. These independent refineries play a key role in importing Iranian oil, which Washington criticizes as a source of funding for Tehran.

By Amelie Richter