Iran
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.
News
July 11, 2018
U.S. government teams spent three days in Saudi Arabia discussing ways to cut off money flows to Iran without disrupting energy markets.
News
July 10, 2018
Iranian oil shipments to some U.S. allies are being threatened even before America’s Nov. 4 deadline for buyers to curb imports and comply with renewed sanctions on the OPEC member.
News
July 05, 2018
The Islamic Republic’s OPEC governor, Hossein Kazempour Ardebili, said tweets by Iran’s nemesis in the White House are backfiring, by sending prices higher, and undermining U.S. allies.
News
July 05, 2018
Iran will stop oil exports from the Strait of Hormuz, the world’s most important oil chokepoint, if the U.S. succeeds in halting crude sales from the Persian Gulf nation, a Revolutionary Guards official said.
News
July 04, 2018
Iran said it’s open to resuming barter payments for oil as U.S. sanctions threaten its access to the global financial system, reviving a method used during a previous wave of sanctions earlier this decade.
News
July 02, 2018
One of Iran’s biggest oil buyers said it has enough alternative sources of crude to replace any supplies cut off by U.S. sanctions on the Persian Gulf state -- even if shipments stop completely.
News
June 29, 2018
Iran’s position in the oil market is looking weaker than ever as a bruising OPEC meeting and tightening net of U.S. sanctions leave it with fewer friends and fleeing customers.
News
June 28, 2018
One unintended consequence of Donald Trump’s plan to choke off Iran’s oil exports could be renewed pain at the pump for millions of Americans, a risky political prospect with mid-term elections just months away.
News
June 27, 2018
At least some buyers of Iranian supplies in the world’s biggest oil market are considering acquiescing to U.S. President Donald Trump’s demands.
News
June 27, 2018
Oil rose to a one-month high as the risk of a supply crunch continued to buoy markets, with a U.S. demand that Iran’s customers halt their imports overshadowing Saudi Arabia’s promise to boost output.
News
June 26, 2018
The U.S. is pressing allies to end all imports of Iranian oil by a Nov. 4 deadline and doesn’t want to offer any extensions or waivers to that timeline, a decision that sent oil prices surging on expectations it will tighten energy markets significantly more than expected.
News
June 22, 2018
Iran said it doesn’t believe buyers of its oil will get waivers from the U.S. government that would allow them to continue purchasing cargoes after President Donald Trump’s renewal of sanctions.
News
June 22, 2018
The U.S. has asked Japan to completely halt oil imports from Iran, going beyond the reductions that were demanded when sanctions were imposed earlier this decade, according to people with knowledge of the matter.
News
June 21, 2018
With fewer than 24 hours to go before a pivotal meeting, Saudi Arabia urged OPEC to help consumers by boosting oil supply as opposition from arch-rival Iran showed signs of wavering.
News
June 21, 2018
Effects of the U.S. sanctions on Iran are spreading beyond the world of crude to some corners of the oil market.
News
June 20, 2018
OPEC officials meeting in Vienna raced to salvage an oil-production deal on Wednesday after Iran said it was likely to reject any agreement that raised output from the group.
News
June 18, 2018
OPEC is discussing a production increase before its meeting in Vienna in an attempt to bridge the gap between Russia’s push for a big rise and Iran’s insistence that no change is needed.
News
June 17, 2018
Iran says Venezuela and Iraq will join it in blocking a proposal to increase oil production that’s backed by Saudi Arabia and Russia when OPEC and its allies meet in Vienna this week.
News
June 15, 2018
Iran’s oil exports fell sharply in the first two weeks of June, indicating that U.S. President Donald Trump’s re-imposition of sanctions may be discouraging some buyers.
News
June 13, 2018
OPEC nation Iran said it expects the group to stick with its pact to restrain oil supply as world markets don’t need more crude.
