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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.
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‘Iran to respond to threats made by other OPEC members if interests are threatened’
May 03, 2019 04:12Minister of Oil Bijan Namdar Zangeneh has warned that Iran will reply in kind if its interests in the Organization of the Petroleum Exporting Countries (OPEC) are threatened.
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Loss of Iranian crude oil imports will hurt India
May 03, 2019 00:25Fuel prices in India are set to rise after the ongoing general elections.
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US attempting to lobby UN against Iran's missile work: UN envoy
May 03, 2019 00:22Iran's envoy to the UN has denounced US attempts to portray Tehran's conventional missile program as a breach of Security Council Resolution 2231 that endorsed a 2015 nuclear deal, saying Washington must first explain why it has, itself, violated that international document by abandoning the landmark agreement.
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It's impossible to exclude Iran oil from market: OPEC secretary-general
May 02, 2019 10:37Speaking from Tehran, the OPEC chief says it is "impossible" to eliminate Iranian crude from the global market, as the United States steps up a Saudi-sponsored push to force Tehran's crude exports to "zero" as part of its unilateral sanctions against the Islamic Republic.