US Sanctions on Iran Fueling Oil Crisis - News Stream
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In the pipeline this week
Renewed U.S sanctions-hit Iran on Monday, rising in concerns about global oil supplies. As a result, the price of Brent crude to rise by 1.2%
This Is just the tip of the iceberg, the next round of sanctions are to take affect early November and will be aimed at crippling Iran’s oil industry. The U.S has stated that all countries must stop importing Iranian oil, otherwise, face the risk of sanctions themselves.
Read more about it here: How will US imposed sanctions on Iran affect the oil industry?
Also on Oil & Gas IQ is a report called The Great Data Transformation. This whitepaper is full of case studies from giants like Shell and Transocean and how they’re converting real-time data into useful information that make their processes run smoother. Do check that out.