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.
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.
Iraq has resumed oil exports via the Kirkuk-Ceyhan pipeline, the state-owned North Oil Company (NOC) said, according to the Iraqi news agency INA.
Overall sea freight volumes decreased by 20%
In January, Azerbaijan's fuel exports to Armenia surpassed $2 million, with these shipments having commenced at the end of the previous year.
The United Kingdom has approved new sanctions against Russian oil exports, extending restrictions to include both companies and individuals.
Iranian authorities suspect the crew of oil smuggling
Nearly 53 million tons of Azerbaijani, Kazakh, and Turkmen oil have been delivered via the Baku-Tbilisi-Ceyhan pipeline over the past two years, Azerbaijani Energy Minister Parviz Shahbazov said.
The EU representatives for the first time since the start of the special military operation agreed upon a block of sanctions outside the main sanction packages, a source in the diplomatic community in Brussels said.
Oil transportation through the Caspian Pipeline Consortium continues as normal, Kazakhstan's Vice Minister of Energy Yerlan Akbarov said during a briefing in the Senate.
SOCAR has released data for the third quarter of 2025, revealing an increase in foreign oil and gas supplies.
Azerbaijan's oil exports to the Czech Republic have grown by 5% this year, generating approximately $700 million in revenue
Ankara purchased approximately 1.2 mln tons of the oil
India is increasing its imports of Russian oil amid a reduction in supplies to China
The US has imposed sanctions on companies and individuals associated with Iran. Cargo ships have also been affected by Washington's restrictions.
Exports of oil products from Russia to India reached almost $130 million in August. Russia regained its first place in Indian imports of oil products.
Since the beginning of the year, Azerbaijan has increased exports of petroleum products by more than 64%
Alexander Novak announced the reduction of Russian oil exports on a voluntary basis. According to him, it will be done to balance the oil market.
According to the data of the Federal Customs Service (FCS), in 2020, Russia lost significant revenues due to a decrease in energy exports amid the coronavirus pandemic and a drop in demand. So, in January-October 2020, oil exports from …
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