Iran to launch new oil and gas program in Caspian Sea
The acting head of the NIOC clarified that the program will establish planned funding levels
Iranian Oil
Iran may lose all its oil revenue - Rubio
U.S. secretary of state Marco Rubio has warned that Iran could lose almost all its oil revenue as U.S. sanctions and efforts to block Iranian oil shipments intensify, saying the economic pressure on Tehran would become “even worse”.
Iranian Oil Minister resigns
Masoud Pezeshkian has accepted Oil Minister Mohsen Paknejad's resignation, handing interim leadership of the ministry to the head of the country's national oil company.
Tehran lowers freight costs for foreign tankers
Iran has moved to cut freight charges for foreign tankers involved in oil and LNG shipments.
US announces strikes on Iranian tankers
The US military struck Iranian commercial vessels after the IRGC launched a missile attack on two US maritime patrol vessels
US blockade not halted Iranian oil sales
The Iranian Oil Ministry reported that oil exports from the country continue, but have decreased due to the US naval blockade.
US demands UAE exert economic pressure on Iran - report
The United Arab Emirates suspended financial and economic transactions with Iran following weeks of pressure from the Trump administration, The Wall Street Journal reported, citing sources.
Main topic of US-Iran emergency talks revealed
Washington and Tehran will primarily concentrate on restoring full commercial navigation through the Strait of Hormuz and lifting the U.S. blockade on Iranian ports during the talks announced earlier by U.S. President Donald Trump, AP reported, citing diplomatic sources in a Middle Eastern country serving as a mediator in the negotiations.
US adds tankers and entities to Iran sanctions list
US authorities have imposed sanctions against 10 more tankers and entities associated with Iran.
Iran exported 18 billion dollars worth of oil during war and ceasefire
Iran exported $18 billion worth of oil during the war with the US and Israel, as well as during the ceasefire that followed.
Ghalibaf outlines condition for resolving conflict with US
Tehran will not allow anyone in the region to sell oil if Iran it is denied such an opportunity, the speaker of Iran’s unicameral parliament Majlis, Mohammad Bagher Ghalibaf, said.
Oil sales brought Iran 6 billion dollars during ceasefire
According to US media reports, Iran sold approximately 70 million barrels of oil, worth between $5 billion and $6 billion, during the month-long ceasefire with the USA.
US Treasury Department revokes waiver on Iranian oil
The U.S. Department of the Treasury has suspended the general license issued in June to ease U.S. sanctions against Iran’s oil sector until August 21 and has prohibited new transactions in this sphere.
Oil shipments through Strait of Hormuz rise to 10 million barrels per day - media
Daily oil shipments via the Strait of Hormuz have reached 10 million barrels, according to US media reports.
Iran's oil revenues reach 35 bln dollars in two weeks
Iran has exported 50 million barrels of oil in two weeks, and its income is about $3.5 billion, according to Iranian media reports.
Iranian oil prices rise 20 percent - Ghalibaf
Iran raised its energy export prices by 20% after U.S. sanctions on its oil sales were suspended, Iran's Parliament Speaker Mohammad Bagher Ghalibaf said.
Navigation recovery in Hormuz Strait to take months
The need for mine clearance in the Strait of Hormuz means that months will be needed to return navigation there to pre-war figures, CEO of Japan’s NYK Line Takaya Soga told Financial Times in an interview.
14-point Iran ceasefire memorandum released
U.S. President Donald Trump and Iranian President Masoud Pezeshkian have signed a Memorandum of Understanding to end the war between the two countries.
Iran can immediately sell oil upon signing US deal - report
The United States will allow Iran to immediately begin selling oil and fuel under the deal to end the war, The Wall Street Journal reported.
Iran to be able to sell oil after signing memorandum - Esmaeil Baghaei
According to Iran's Foreign Ministry, signing a memorandum with the US will allow Tehran to export oil without any restrictions.
