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Iran happy with decisions adopted in OPEC meeting: Oil minister
Jul 03, 2019 01:05Iran’s Oil Minister Bijan Namdar Zanganeh says he is happy with decisions adopted in a recent meeting of the Organization of Petroleum Exporting Countries (OPEC), including an extension to supply cuts to the global market.
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Zanganeh on mission to protect Iran’s share of global oil market
Jul 01, 2019 04:18Iranian Oil Minister Bijan Namdar Zanganeh, who is in the Austrian capital of Vienna to attend a meeting of the Organization of the Petroleum Exporting Countries (OPEC), is on a mission to preserve the Islamic Republic’s share of the global oil market.
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Iran central bank: Oil sales rising, sanctions ineffective
Jun 26, 2019 08:42Iran’s central bank governor says the country’s oil exports are rising despite US sanctions which, he said, are no more effective.
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Russia will help Iran with oil, banking if payment channel not launched: Ryabkov
Jun 21, 2019 14:32Russia has signaled its willingness to secure Iran's interests in the oil and banking sectors if Europe's non-dollar mechanism aimed at facilitating trade with the Islamic Republic is not launched.
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Oil prices jump following suspected attacks on two oil tankers in Sea of Oman
Jun 13, 2019 07:58Crude oil futures have jumped following reports of explosions targeting two oil tankers in the Sea of Oman.
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Oil minister: Iran not planning to quit OPEC
Jun 09, 2019 09:48Iranian Oil Minister Bijan Zanganeh blasted certain countries for trying to politicize the Organization of the Petroleum Exporting Countries, and said that Tehran has no plan to leave the oil cartel.
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Reduced Iran oil supplies badly hurt Asian refiners
Jun 05, 2019 00:52Asian oil refiners are seeing their profits shrink from the loss of Iranian crude supplies after the US decided in April not to extend sanctions waivers for imports from Iran.
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Iran to offer 2mln barrels of condensate on energy bourse
Jun 02, 2019 08:59Iran is due to offer a large cargo of condensate to domestic buyers through its energy bourse on Monday, in a direct sale to bypass the US unilateral sanctions.
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IRGC commander: America cannot put Iran in tight spot
May 05, 2019 02:30The chief commander of Iran’s Islamic Revolution Guards Corps (IRGC) says the United States cannot restrict Iran’s sources of livelihood as oil sales do not constitute the Islamic Republic’s sole source of income.
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EU, Britain censure fresh US restrictions on Iran's oil, nuclear sectors
May 05, 2019 01:00The European signatories to the 2015 Iran’s nuclear deal have censured recent decisions by the United to stop sanctions waivers for Iran oil imports and to impose restrictions on the country’s exports of enriched uranium.