Washington has increasingly targeted Chinese companies over the export of Iran's petrochemicals as the prospects of reviving the nuclear pact have dimmed. Indirect talks on the accord, formally known as the Joint Comprehensive Plan of Action (JCPOA), have broken down.
The new unit - Finance Company - will help IOC benefit from interest arbitrage as the company's borrowings increase after selling fuel locally at below-market rates.
The spill took place on Sept. 16 and affected several indigenous communities in Peru's Northeast region of Loreto. While Peru's environment ministry estimated the spill at 2,500 barrels, state-owned oil company Petroperu said it did not yet have an estimate.
Oil prices settled lower in choppy trading, rising above $90 per barrel and then retreating as traders weighed a worsening economic outlook against potential OPEC+ output cuts next week.
While a brand-new Tata Nexon is also reasonably priced, if you have a tight budget, and looking for a capable used subcompact SUV, then a used Tata Nexon can be a good option. However, before you start looking for one, here are 5 things you must know.
