Iran
News
July 02, 2019
Iran’s oil minister said a European mechanism to shield some trade with his country from crippling U.S. sanctions won’t be useful if it doesn’t allow for oil sales, as efforts to preserve the unraveling nuclear deal face a looming deadline.
News
June 26, 2019
The United Arab Emirates appeared to distance itself from U.S. claims that pinned attacks on oil tankers near the Strait of Hormuz on Iran.
News
June 24, 2019
President Donald Trump is threatening Iran with additional sanctions on Monday, but there’s not much left for the U.S. to target because most of the Islamic Republic’s economy has been crippled by earlier penalties.
News
June 23, 2019
Oil extended its rally after the U.S. said it was preparing new sanctions against Iran, further escalating tensions between the two states.
News
June 20, 2019
Oil jumped the most this year after Iran shot down a U.S. drone and Donald Trump warned the Persian Gulf nation it made “a very big mistake,” stoking tensions in the epicenter of global crude production.
News
June 20, 2019
Oil rose after Iran shot down a U.S. spy drone in its airspace, stoking Middle East tensions further after the attack on two tankers last week.
News
June 19, 2019
After being hit by the trade war and U.S. sanctions on Iran, some Chinese buyers of liquefied petroleum gas from the Persian Gulf nation are finding it’s too tough a habit to kick.
News
June 18, 2019
OPEC proposed mid-July meetings with its allies in Vienna to discuss extending production cuts, after talks between Russia and Iran made some progress toward resolving a standoff over the date.
News
June 16, 2019
There’s “no doubt” Iran was responsible for attacks on two oil tankers leaving the Persian Gulf last week, and the U.S. will guarantee safe commercial navigation going forward with its partners, Secretary of State Michael Pompeo said.
News
June 14, 2019
The U.S. political and military standoff with Iran hardened as conflicting narratives about a pair of attacks on tankers near the Persian Gulf stoked regional tensions.
News
June 13, 2019
The Trump administration blamed Iran for attacks on two oil tankers near the entrance to the Persian Gulf, escalating tensions between the two rivals despite denials from officials in Tehran that they were behind the incidents.
News
May 24, 2019
Just over a week ago, crude prices were surging as attacks on Saudi Arabia’s oil tankers and pipeline network spurred fears that the Middle East was on the brink of military confrontation.
News
May 16, 2019
Saudi Arabia accused Iran of ordering this week’s attack on key oil facilities, stoking concerns that the world’s largest oil-producing region is edging toward another war. Crude prices rose.
News
May 16, 2019
When OPEC meets in Jeddah, their conversation will focus on Iran.
News
May 16, 2019
The UAE “won’t jump the gun” and accuse Iran of sabotaging ships off its coast, as rising tensions in the Persian Gulf stoke concerns the region is teetering on the brink of another war.
News
May 15, 2019
Saudi Arabia restarted its main cross-country oil pipeline after a drone attack by Iran-backed rebels that halted the link and escalated tensions in the world’s largest oil-exporting region.
News
May 14, 2019
Saudi Arabia halted its main cross-country oil pipeline after a drone attack damaged pumping stations along the link, a strike claimed by Iran-backed rebels.
News
May 13, 2019
Saudi Arabia said two of its oil tankers were attacked while sailing toward the Persian Gulf, adding to regional tensions as the U.S. increases pressure on Iran.
News
May 09, 2019
Iran’s oil shipments tumbled this month after the U.S. ended sanctions waivers that allowed eight governments to buy from the Persian Gulf country.
News
May 08, 2019
If you have had to stop buying oil from Iran, Saudi Arabia has you covered, for June, anyway.
News
May 05, 2019
Iran’s offshore oil production hasn’t seen any reduction and the country just loaded crude for export, said Hamid Bovard, head of the Iranian Offshore Oil Co.
