More than 25 European and Asian-owned supertankers are shipping Iranian oil, data seen by Reuters shows, allowing Tehran to ramp up exports much faster than analysts had expected following the lifting of sanctions in January, Reuters writes. …
As of 8:09 MSK, the price of a barrel of Brent crude dropped 0.49%, reaching $48.48. WTI oil prices dropped even more, by 0.47%, to $48.07. The decline in world oil prices is associated with the statement of Managing-Director of …
Iranian President Hassan Rouhani said the country’s exports of oil will be soon equal to the level of pre-sanctions era, noting that part of the banking problems will be also fixed, Tasnim News Agency. In an …
Tehran has stopped selling oil to New Delhi for rupees and switched to payment in euros, the Iranian Oil Minister Bijan Namdar Zanganeh said on the sidelines of the Iranian-Indian business conference. "Iran has …
