ECONOMIC DIVIDE15 DAYS AGO
US shale oil and gas cannot make up for shortages caused by the naval blockade
Conventional oil fields can sustain production for long periods with relatively low reinvestment.
ECONOMIC DIVIDE
HOT TOPICS
MORE STORIES
ECONOMIC DIVIDE15 DAYS AGO
Yuan: A petro-dollar replacement
Oil transactions denominated in US dollars have long served as a central pillar supporting the stability of the American economy.
ECONOMIC DIVIDE17 DAYS AGO
Strait of Hormuz crisis and the illegal US naval blockade
The US economy is being hit hard by the war against Iran, with rising transport, manufacturing, and food costs, and immediate blow to household budgets.
ECONOMIC DIVIDEONE MONTH AGO
Illegal US naval blockade
When it comes to naval blockades, the one executing it is meant to target one country, but in the case of US naval blockade, the world economy is reeling in a crisis.
ECONOMIC DIVIDEONE MONTH AGO
The aggression against Iran exposes deep cracks in US, Israeli power
The US-Israeli aggression against Iran has exposed deep cracks in the US and Israeli power.
ECONOMIC DIVIDE3 MONTHS AGO
US attack on Iran & world economy
The US is trying hard to project power through metal, military metal, form destroyers to fighter jets.
ECONOMIC DIVIDE4 MONTHS AGO
Germany, not just merely an economic recession
Germany has shifted from a leading economy to a low factory output due to poor management and war decisions.
This makes it easy to access the Press TV website