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Israel’s navy could take action against Iranian oil smuggling, Israeli Prime Minister Benjamin Netanyahu said, urging world powers to foil any effort by Iran to evade U.S. sanctions. He said naval officers that …
Negotiators have begun to outline a deal to end the trade war between the world’s two largest economies
It grows in early 2019 despite American sanctions
The United States sanctions on Venezuelan crude complicate its effort to bring Iran’s oil exports to zero. According to some experts, to avoid a price spike, Washington will likely be forced to allow some buyers to continue purchasing …
Iran has discovered oil in the southwestern Abadan region for the first time, the republic's Oil Minister Bijan Namdar Zanganeh said. According to him, the oil was found at a depth of 3,570 meters in an exploratory …
Japanese refiners have loaded Iranian oil onto a tanker, resuming imports after halting purchases because of sanctions by the United States, governor of the Central Bank of Iran Abdolnaser Hemmati said. "After …
China offers Iran $3 Billion oil-field deal as Europe halts crude purchases
OPEC slashed production in December, delivering a bullish signal to the market one month before the producer group officially began a fresh round of output cuts. Oil supplies from OPEC nations plunged by 751,000 barrels per day to …
The U.S. Energy Information Administration (EIA) forecasts the U.S. oil sanctions imposed on Ian will remain in place until 2020. "EIA assumes that US sanctions on Iranian oil exports will remain in place through the end of the …
Rise of US unilateralism raises concern about relying on greenback for oil trade
Turkey has resumed imports of Iranian crude oil after a one-month hiatus in November when U.S. sanctions on Iran were reimposed, trading and shipping sources said. Washington granted Turkey and other countries import waivers in early …
Iran will invest about Rs 1,500 crore to expand a refinery run by Chennai Petroleum Corp., the company’s managing director said, amid U.S. sanctions on the Persian Gulf nation that have severely hit its oil exports. The …
Rouhani unveils first annual budget since U.S. sanctions were reimposed
Iran is central to India’s trade, energy and connectivity plans with not just Central Asia and Afghanistan, but with entire Eurasia
Iran discovered 40 new oil and gas reserves, head of exploration at the National Iranian Oil Company (NIOC) Seyyed Saleh Hendi said. "After the enactment of the new US sanctions against …
Iran is now ranked first in the world for oil and gas reserves, head of exploration at the National Iranian Oil Company (NIOC) Seyyed Saleh Hendi said. "A few years ago, we were …
Last year, Russia’s oil giant Rosneft and the National Iranian Oil Company planned to fulfill joint projects in oil and gas production to the tune of $30 bln and produce up to 55 mln tonnes of oil per year. The sides signed a …
OPEC+ managed to pull off an eleventh-hour agreement, checking all the boxes after a contentious set of meetings. There were a lot of competing interests at play, but the agreement offers a little bit of everything, enough for all parties to …
Iran will not discuss its OPEC quota as long as it is under sanctions, Iranian Oil Minister Bijan Namdar Zanganeh said, speaking after the session of the OPEC-Non-OPEC Joint Ministerial Monitoring Committee (JMMC) in …
The Indian government was given a conditional and temporary waiver from the Washington
