Iran ready to significantly cut its oil production for a year
Iran is capable of sharply reducing its daily oil production in the region by more than half for a year
Iranian Oil
Russian and Iranian oil to remain subject to sanctions - US Treasury Department
Acording to the US Treasury Secretary, Russiain and Iranian oil will remain subject to sanctions, without any exceptions.
Iran expects to restore up to 80 percent of refinery capacity by summer - media
The Iranian Ministry of Oil reported on the restoration of damaged oil refining facilities. According to the ministry, they will be able to return to 70-80% of capacity in the near future.
Oil prices fall sharply after US-Iran ceasefire announced
Oil prices have fallen sharply and stock markets have soared on news of a two-week ceasefire between the United States and Iran.
Tanker traffic in Strait of Hormuz reaches highest level since start of war in Iran - media
The US media reports indicate that the number of ships transiting the Strait of Hormuz has reached its highest level since the start of the war in Iran.
Trump says he would like to take control of Iranian oil
U.S. President Donald Trump said he would like Washington to take control of Iran’s oil sector.
US to buy Iranian oil for first time in 30 years
The U.S. administration waived sanctions on the purchase of Iranian oil at sea for 30 days in its latest attempt to ease oil prices that have been driven up by the U.S.-Israeli war on Iran.
US considers removing Iranian oil from sanctions lists
The US administration is prepared to remove sanctions on Iranian oil transported by sea, with this action potentially occurring as soon as this month.
Araghchi and Witkoff resume direct contacts - report
A direct communications channel between U.S. envoy Steve Witkoff and Iranian Foreign Minister Abbas Araghchi has been reactivated in recent days, Axios reported citing sources.
Military targets on Iran's Kharg Island destroyed - Trump
U.S. armed forces delivered a powerful attack on military installations on the Iranian Kharg Island, U.S. President Donald Trump said.
Oil price jumps once again
Brent briefly jumped back above $100 a barrel after the Iran war led to more shipping turmoil in the Middle East and China tightened fuel export curbs.
Iran exporting oil through closed Strait of Hormuz
Iran has continued to send large amounts of crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has jeopardized broader supplies through the critical waterway.
US President doesn't rule out possibility of seizing Iranian oil
U.S. President Donald Trump left open the prospect of acquiring Iranian oil.
US concerned over Israeli strikes on Iranian fuel depots
The United States is dismayed by the scale of Israeli airstrikes on Iranian fuel depots over the weekend, marking the first notable disagreement between the two allies since the start of the war, Axios reported, citing sources.
IRGC blocking Strait of Hormuz?
A commander in Iran’s Revolutionary Guard Corps has declared that the Strait of Hormuz is closed and threatened to attack any vessel attempting to pass through, as part of Iran’s retaliation for recent bombings.
US issues new Iran-related sanctions
The U.S. Treasury Department announced a new round of sanctions targeting Iran’s individuals, entities, vessels and weapons procurement networks.
US studies possibility of capturing Iranian tankers
The U.S. administration is considering exerting pressure on Tehran by seizing tankers with Iranian oil, The Wall Street Journal reported, citing sources.
Iran announces its readiness to export oil despite US military presence
Tehran will continue exporting oil via the Persian Gulf despite the presence of US warships in the region, according to media reports.
Novak notes high volatility on oil market amid Iran situation
The OPEC+ nations have noted the high oil market volatility amid the geopolitical tensions stemming from the development around Venezuela and Iran, Russian Deputy Prime Minister Alexander Novak said.
Iran detains tanker in Strait of Hormuz
The vessel's crew consists of 16 sailors
