Iran
News
August 24, 2018
Iran’s own fleet of tankers may provide a lifeline for its crude and condensate exports that’ll be slashed as U.S. sanctions against the Persian Gulf nation take hold.
News
August 21, 2018
China’s shipowners are shunning Iran’s oil, while the OPEC producer is using its own tankers to supply top customers as impending U.S. sanctions threaten to disrupt global crude trade.
News
August 14, 2018
India may cut Iranian oil imports by 50% to secure a waiver from the U.S. to continue with shipments.
News
August 13, 2018
Oil held gains above $67/bbl after Iran said the OPEC nation has no intention of holding talks with the U.S. anytime soon, countering signs American shale output may increase.
News
August 13, 2018
OPEC crude production rose in July, despite sliding output in Libya, Iran and Saudi Arabia.
News
August 12, 2018
China National Petroleum Corp. is expected to take the lead on a $5-billion project to develop Iran’s share of the world’s biggest gas deposit, taking over from France’s Total SA, which halted operations after U.S. President Donald Trump reimposed sanctions on the Islamic Republic.
News
August 12, 2018
Five Caspian Sea states reached a breakthrough agreement on sovereign rights to the sea, paving the way for new oil and gas extraction -- and pipelines -- after more than two decades of disputes.
News
August 10, 2018
The Trump administration forecasts that it will persuade countries to cut Iranian oil imports by as much as 1 MMbpd when it reimposes energy sanctions in early November, according to two people familiar with the administration’s efforts to choke off Tehran’s crude sales.
News
August 10, 2018
A price war is brewing between top oil producers in the Middle East, and the U.S. may be at the heart of it.
News
August 09, 2018
One of Iran’s biggest oil customers is buying more U.S. crude as President Donald Trump sticks to his pledge to squeeze the Persian Gulf nation’s energy trade.
News
August 08, 2018
It is still nearly three months until U.S. sanctions on Iran’s oil exports snap back into force, but they are already having a big impact on the Persian Gulf country’s trade.
News
August 06, 2018
The Trump administration will consider partial exemptions from oil sanctions against Iran for some countries as a first wave of non-oil penalties against the Islamic Republic go into effect on Tuesday.
News
August 06, 2018
In three months’, U.S. sanctions on Iran could drive the Persian Gulf nation’s exports down toward zero and upend the global oil market.
News
August 03, 2018
The U.S. has been unable to persuade China to cut Iranian oil imports, dealing a blow to Trump’s efforts to isolate the country after his withdrawal from the 2015 nuclear accord.
News
July 23, 2018
The war of words between U.S. President Trump and his counterpart in Iran over oil exports and sanctions is shining a spotlight on the conduit for about 30% of the world’s seaborne-traded crude.
News
July 23, 2018
Oil rose to $69/bbl as flaring tensions between the U.S. and Iran countered growing concerns that trade protectionism will harm economic growth.
News
July 22, 2018
Iran’s president warned his U.S. counterpart Donald Trump not to threaten the Persian Gulf nation’s oil exports and called for improved relations with its neighbors, including arch-rival Saudi Arabia.
News
July 20, 2018
Under pressure from U.S. President Donald Trump, Saudi Arabia has rushed to boost oil production -- only to discover that global markets might not yet need it.
News
July 18, 2018
The U.S. embargo on Iranian oil shipments has put Prime Minister Narendra Modi in a quandary. If he plays along, India will side with President Trump on trade, but lose cheap supplies and foreign exchange.
News
July 16, 2018
A senior Iranian oil official urged U.S. President Donald Trump not to use the nation’s Strategic Petroleum Reserve to push prices lower, and instead drop sanctions on Iran’s crude exports.
News
July 13, 2018
Iran said Russia is ready to invest as much as $50 billion in its oil industry even as Western majors are pulling out of deals with the republic amid the threat of U.S. sanctions.
