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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.
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Iran warns countries using oil as weapon, says OPEC could collapse
May 02, 2019 01:36Iranian Minister of Oil Bijan Namdar Zangeneh says a US bid to cut Iran’s oil exports to zero is a “pious hope,” warning countries using oil as a weapon about repercussions of further volatility in the global market.
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Chaos pending: US bans on Iran’s oil keep market on edge
May 02, 2019 01:10The United States' insistence on zeroing out Iran's oil exports is starting to cause all kinds of commotion in the global market, keeping confused both experts and buyers as they look straight into what is shaping up to be a chaotic chapter for the petroleum industry.
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US sanctions on Iran's oil industry harm global markets' stability: Official
Apr 29, 2019 11:17A senior Iranian official says US sanctions against Iran's oil industry will harm the stability of global markets, adding that the three European sides to a 2015 landmark nuclear agreement should live up to their promises to make up for Washington's restrictions.
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FM: Iran oil clients to find ways of resisting US sanctions
Apr 29, 2019 04:20Iran’s Foreign Minister Mohammad Javad Zarif says the US decision to end sanctions waivers on imports of Iranian oil has angered Washington's allies, noting that they will find ways to resist the measures.
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US, vassal states fanning terrorism across region: Larijani
Apr 28, 2019 07:27Iran’s Parliament speaker says the United States is seeking to fuel terrorism across the region through further interventionism and with the help of its vassal states.
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Saudi Arabia, UAE overstating oil production capacity amid Washington's anti-Iran sanctions: Zangeneh
Apr 26, 2019 08:37Iranian Minister of Petroleum Bijan Zangeneh has accused Saudi Arabia and the UAE of exaggerating their ability to replace the country's oil in the wake of a renewed push by Washington to zero Tehran's exports by implementing "brutal" economic sanctions.