Iran

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.
News
June 13, 2018
Iran and Venezuela could lose almost 30% of their oil output next year due to U.S. sanctions and economic upheaval, requiring extra supplies from OPEC's Gulf members.
News
June 07, 2018
Venezuela wrote to fellow OPEC members urging them to unite against U.S. sanctions, echoing a similar letter from Iran, according to people with knowledge of the matter.
News
June 07, 2018
An oil tanker hauling Iranian crude is making the first delivery to Chile in at least 16 years, a sign the Persian Gulf country may be seeking out new customers for its oil in the face of renewed U.S. sanctions.
News
June 06, 2018
The European Union asked for exemptions from expected U.S. sanctions on Iran and the bloc’s lending arm balked at supporting Iranian projects, signs of the mounting difficulties in meeting a political pledge to stick with the landmark nuclear deal.
News
June 05, 2018
London (Bloomberg) -- Crude declined after the U.S. government was said to have asked Saudi Arabia and other OPEC producers to raise oil supply.
News
May 29, 2018
President Donald Trump may have ordered the re-imposition of sanctions on Iran, but one of Asia’s biggest oil importers -- and a strategic partner of the U.S. -- plans on ignoring them.
News
May 25, 2018
The world’s top oil trader said it will be near impossible to avoid U.S. sanctions on Iran, suggesting Donald Trump’s attack on OPEC’s third-largest producer may have a bigger impact on the global crude market than many anticipate.
News
May 23, 2018
The latest standoff between the U.S. and Iran may be leaving oil-tanker owners in more of a bind than in previous years.
News
May 17, 2018
Total will not risk investing in Iran following the return of U.S. sanctions, unless it can secure a waiver.
News
May 16, 2018
The oil price spread that will determine the type of crude bought by Asia in the wake of U.S. sanctions on Iran is currently in favor of American supply.
News
May 16, 2018
Russia will face a tough choice in talks with OPEC next month as an increasing number of its valuable oil wells lie idle.
News
May 16, 2018
Iran plans to sign a $1.16-billion agreement with the UK’s Pergas Resources International Ltd. to work on a southern oil field, marking the Persian Gulf nation’s first energy venture with a foreign company since U.S. President Donald Trump ripped up the Iran nuclear deal.
News
May 15, 2018
If European powers are to succeed in holding together a nuclear deal with Iran that the U.S. abandoned a week ago, then one issue they’ll need to consider is the insurance of oil tankers hauling the Persian Gulf country’s crude.
News
May 14, 2018
Geopolitical risks from Iran to Israel have led the global benchmark’s premium over West Texas Intermediate crude to widen, with the spread set to close at the largest since 2015.
News
May 14, 2018
OPEC has enough spare production capacity to cushion oil markets as the U.S. re-imposes sanctions on Iran, according to United Arab Emirates Energy Minister Suhail Al Mazrouei.
News
May 11, 2018
It’s not often that an OPEC producer accuses the U.S. of driving up oil prices.
News
May 11, 2018
Another darling of the Trump administration is poised to gain from the Iran deal breakup as oil surges: Natural gas exports.
News
May 10, 2018
Oil moved above $71/bbl on the risk of supply disruptions due to Middle East conflict, and the U.S. renewed sanctions on Iran.
News
May 10, 2018
The international nuclear agreement with Iran might not be the only deal U.S. President Donald Trump has unraveled.
News
May 09, 2018
A revival of U.S. oil sanctions on OPEC’s third-largest producer may set the stage for record-high U.S. crude exports by the end of this year.
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