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Iran already pumping oil at pre-sanctions level – minister

Production has reportedly climbed back to 3.8 million barrels a day, despite US restrictions still in place Iranian oil production has bounced back to levels achieved before the US quit an agreement on the country’s nuclear program and reimposed tough sanctions in 2018, according to the country’s oil minister.

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Canada battles UK over hormone beef

Canada’s high commissioner to the UK is determined to convince the overseas market to take Canadian beef, even though it’s treated with controversial growth hormones that currently make it illegal in the UK, he told Politico on Friday.

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EU reveals aim of new Russia sanctions

The EU is working on a new package of sanctions on Russia over the crisis in Ukraine, European Commissioner for Economy Paolo Gentiloni said on the sidelines of the Ambrosetti Forum in Italy. According to Gentiloni, the new measures will not affect Russia’s energy sector. He noted, however, that they are designed to be difficult…

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