Iranian Oil

page 6

Peace. Oil. May

Peace. Oil. May

OPEC oil output hits four-year low in April on Iran, Venezuela

Iran issues ultimatum on Strait of Hormuz

Iran issues ultimatum on Strait of Hormuz

Iran does not intend to close the Strait of Hormuz, but would severely confront those who endanger its security, Chief of staff of Iran's armed forces, Major-General Mohammad Baqeri said. "The [Iranian] …

 Tehran: Iran not to let anyone replace its oil in market

Tehran: Iran not to let anyone replace its oil in market

Iran will not allow any country replace its oil sales in the global market, Iranian Foreign Ministry spokesman Abbas Mousavi said. "The Islamic Republic of Iran will not allow any country to replace Iran in the oil …

Khamenei: Iran to export as much oil as it needs

Khamenei: Iran to export as much oil as it needs

Iran can export as much oil as it needs, Iran’s Supreme Leader Ayatollah Ali Khamenei said, according to his official website. "America’s efforts in sanctioning the sale of Iranian oil won’t get …

Japan comments on U.S. ban on importing Iranian oil

Japan comments on U.S. ban on importing Iranian oil

Japan expects a limited impact from the U.S. decision not to renew waivers previously granted on Iran oil import sanctions, the country’s trade and industry minister Hiroshige Seko said. Speaking at a regular …

Oil prices soar on fears about Iran sanctions

Oil prices soar on fears about Iran sanctions

Oil prices jumped more than 2% in the previous session, hitting their highest level this year amid intensifying concern about global supplies after the U.S. announced a further clampdown on Iran’s oil exports. International …

Iran again threatens to close Strait of Hormuz

Iran again threatens to close Strait of Hormuz

Iran will disrupt oil shipments through the Strait of Hormuz, if the United States tries to strangle Tehran’s economy by halting its oil exports, the commander of the Revolutionary Guards’ navy, General Alireza …

China comments on U.S. effort to reduce Iran oil sales

China comments on U.S. effort to reduce Iran oil sales

China consistently opposes unilateral U.S. sanctions against Iran, the Chinese foreign ministry's spokesman Geng Shuang said amid reports that Washington is expected to announce that buyers of Iranian oil must halt …

No more U.S. waivers for Iran oil imports?

No more U.S. waivers for Iran oil imports?

U.S. Secretary of State Mike Pompeo will announce to the media today that, as of May 2, the State Department will no longer grant sanctions waivers to any country that is importing Iranian oil, the Washington Post reported …

 Will U.S. impose additional Iran sanctions in May?

Will U.S. impose additional Iran sanctions in May?

The U.S. government is considering additional sanctions against Iran that would target areas of its economy that have not been hit before, a senior U.S. administration official said. According to the official, the administration aimed …

U.S. grants Iraq 90-day waiver to buy Iranian energy again?

U.S. grants Iraq 90-day waiver to buy Iranian energy again?

The United States granted Iraq a 90-day waiver from sanctions to buy energy from Iran, a State Department official said on condition of anonymity.  "Iraq was granted a 90-day waiver to purchase energy imports from Iran," …

 Will Iran circumvent U.S. sanctions with helps of old tankers?

Will Iran circumvent U.S. sanctions with helps of old tankers?

Iran is discreetly scouring the globe for second-hand oil tankers to replace its ageing fleet and keep crucial crude exports flowing as U.S. sanctions start to bite, Iranian and Western sources said. Washington has put restrictions on …

Will Iran and Israel unleash war over oil?

Will Iran and Israel unleash war over oil?

Iran’s defense minister Amir Hatami said Tehran will respond firmly to any Israeli naval action against its oil shipments. The minister said such confrontation would be considered as “piracy” and …