Monthly Archives: June 2012

South Korea Will Halt Iran Oil Imports from 1st July

Posted on June 26, 2012 by Oil.com Editorial Team

South Korea will stop importing oil from Iran from 1st July 2012. This makes South Korea, the first Asian country to halt all imports from Iran as per the EU sanctions.

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Eurozone Fears as Oil Prices Fall in Spain

Posted on June 19, 2012 by Oil.com Editorial Team

On 18th June 2012, the prices on oil cut down on an uncertainty about Europe’s future after Greece managed to survive in an election that could keep it in the eurozone. However, the borrowing costs of Spain towered to a … Continue reading →

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US Exempts India and 6 Others from Iran Oil Sanctions

Posted on June 12, 2012 by Oil.com Editorial Team

US government granted exemptions to India along with 6 other countries including Malaysia, South Africa, Sri Lanka and Taiwan from Iran Oil Sanctions.

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“Black Out Speak Out” Protest Against Canada’s Pro-Oil Stance

Posted on June 5, 2012 by Oil.com Editorial Team

Not a while ago, Canada was a pioneer for environmental conversationalists, tackling sensitive issues like acid rain, depleting ozone layer and biodiversity. But that doesn’t seem to be the case today. Hundreds of environmental and activist websites backed by U.S.-based … Continue reading →

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