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.
Iranian Oil
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.
Trump claims US takes out-millions of barrels of oil from Iran
U.S. President Donald Trump revealed that the U.S. has been taking out oil from Iran amid the ongoing war, while adding that this is why crude oil prices are at $85 a barrel, not $250.
Could oil reach 200 dollars per barrel?
The spokesperson for the Khatam al-Anbiya Central Headquarters has suggested that oil prices could climb to $200 per barrel as a result of the ongoing conflict in the region.
US agrees to suspend Iranian oil sanctions - report
The United States has agreed to suspend sanctions on Iranian oil during negotiations with Tehran, the Tasnim news agency reported, citing a source close to the Iranian negotiating team.
US considering Iranian oil supplies to China
U.S. President Donald Trump said he will make a decision over the next few days about lifting sanctions on Chinese oil companies that buy Iranian oil.
US approach to Iran shaped by oil concerns - Lavrov
America's interest in Iran boils down to one thing today - oil, Russian Foreign Minister Sergey Lavrov suggested at a press conference following his participation in the BRICS ministerial meeting in New Delhi.
Iran to earn twice as much from controlling Hormuz Strait as from oil - Tehran
The economic gains that Tehran will bring in from controlling the Strait of Hormuz are expected to be double its oil export revenues, Iranian Army Spokesman Mohammad Akraminia said.
Russia becomes leader in oil exports to India and China
According to OPEC, Russian oil accounted for the majority of India and China's oil imports in March of this year.
Iran may begin mothballing its oil wells - Bessent
Iran may have to begin mothballing its oil wells next week as its storage facilities are rapidly filling up, U.S. Treasury Secretary Scott Bessent said.
Iran receives no payment for Japanese tankers passage through Strait of Hormuz
Japanese authorities did not pay Tehran for the passage of the tanker Idemitsu Maru through the Strait of Hormuz, the Japanese business …
Trump claims Iran's oil pipelines may explode in 3 days
Iran’s oil pipelines may explode in about three days if the U.S. blockade continues, U.S. President Donald Trump told Fox News.
Strait of Hormuz blockade affects everyone - Russian Foreign Ministry
The restricted shipping in the Strait of Hormuz and the U.S. naval blockade of Iran affect Russia, Russia's Deputy Foreign Minister Alexander Pankin said.
