Iranian Oil

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German energy giant Wintershall stops activity in Iran

German energy giant Wintershall stops activity in Iran

Germany's energy company Wintershall has stopped activities in Iran over U.S. sanctions against Tehran, the Wintershall Executive Board member Martin Bachman said. "We are forced to stop our work in Iran …

U.S. Iran oil sanctions waivers

U.S. Iran oil sanctions waivers

U.S. granted Iran's biggest buyers - China, India, South Korea, Japan, Italy, Greece, Taiwan and Turkey - sanctions waivers

Oil prices decline as U.S. grants Iran sanctions waivers

Oil prices decline as U.S. grants Iran sanctions waivers

Oil prices fell today as the start of U.S. sanctions against Iran's fuel exports was softened by waivers that will allow major buyers to still import Iranian crude. But Tehran said it would ignore Washington and continue to sell its …

U.S. does not include Turkey in Iran sanctions waiver

U.S. does not include Turkey in Iran sanctions waiver

Turkish Energy Minister Fatih Donmez said that Turkey has not received written notification regarding any waiver on buying Iranian oil, but it has heard rumours on the issue. "The statement by the energy …

U.S. grants eight countries Iran sanctions waivers

U.S. grants eight countries Iran sanctions waivers

The U.S. government has agreed to let eight countries keep buying Iranian oil after it reimposes sanctions on Tehran from next week, Bloomberg reported, citing a U.S. official. The list of countries includes South Korea, Japan, India …

Trump world can live without Iranian oil

Trump world can live without Iranian oil

U.S. President Donald Trump said in a presidential memorandum that he had determined there was sufficient supply of petroleum and petroleum products from nations other than Iran to permit a reduction in purchases from that …

U.S. grants India waiver from Iran oil sanctions?

U.S. grants India waiver from Iran oil sanctions?

The United States has granted India a waiver from sanctions imposed on Iran, which would allow Indian oil companies to continue to import about 1.25 million tonnes of oil a month till March from Tehran, Economic Times reported with reference to …