itWith North Korea, Turkey, Iran, Russia and counter terror all hot topics the defense sector will be keeping an eye on The Association of the United States Army annual conference Monday through Wednesday in Washington, D.C. Exhibitors include $MSFT, $LMT and $OA.
Ukraine in July started buying crude oil from Iran from just $236,000 worth in June to $5.442 million in July. This puts Iran behind Azerbaijan and Kazakhstan as the major oil exporters to Ukraine.
Iran is seeing the benefits from cutting it’s crude oil prices to gain market share. Iranian crude exports to China may rise to the highest in 11 months in August two tanker sources told Reuters on Thursday. Iran crude and condensate exports to China are seen at 733,000 barrels per day (bpd) in August. This would be a 11 percent rise in crude volumes month-on-month.