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Iran starts selling oil through its Energy Bourse
Oct 28, 2018 12:26Iran has started direct sales of oil to domestic and international buyers through its energy bourse in what appears to be a landmark strategy to dodge the impacts of returning sanctions.
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Rosneft CEO: Cutting ties with Iran to hurt Europe
Oct 26, 2018 02:23Chief Executive Officer of Russia's largest oil producer Rosneft says the decision by some European companies to cut their ties with Iran under US pressure could end up hurting Europe’s economy.
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Turkey's Tupras in talks with US for Iran sanctions waiver: Sources
Oct 19, 2018 05:32Turkey’s top refiner, Tupras, is in talks with US officials to obtain a waiver allowing it to keep buying Iranian oil after Washington reinstates sanctions on Tehran’s energy sector in November, industry sources said.
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Iran: Trump ‘hooliganism’ will not lower oil prices
Oct 16, 2018 09:06Iran’s Oil Minister Bijan Zanganeh says there is no spare capacity left for oil producers to pump more, dismissing US President Donald Trump’s pressure on OPEC to ramp up output to bring down prices.
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BP says Iran oil bans to trigger extreme price volatility
Oct 11, 2018 02:11As the US is preparing to restore sanctions against Iran’s oil exports within weeks, concerns are already rising among corporate leaders that oil prices could rise to unprecedented highs.
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‘India to continue buying Iranian oil despite possible US sanctions’
Oct 09, 2018 09:35Indian companies will continue buying Iranian crude oil in November even despite the possible US objections and sanctions, Indian Petroleum and Natural Gas Minister Dharmendra Pradhan said.
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US marks first retreat on Iran by allowing Rhum gasfield to operate
Oct 09, 2018 08:38The US administration has beaten its first retreat on planned sanctions against Iran, allowing a gasfield partly owned by the Islamic Republic in the North Sea to keep operating.
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Iran vows full-throttle oil production despite US
Oct 03, 2018 13:53Oil prices remain at four-year highs on rising doubts about the capability of Saudi Arabia and other producers to substitute Iran’s crude after the US imposes new sanctions on the country on November 4.
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Iran: Oil deal negotiations with EU proceeding well
Oct 02, 2018 11:14A senior official says Iran’s negotiations with the EU to reach an agreement to sell Iranian oil to Europe are advancing ahead of a US date to impose sanctions on the Islamic Republic’s energy sector.
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Iran condemns instrumental use of OIC by very few
Oct 02, 2018 10:09Iranian Deputy Foreign Minister for Legal and International Affairs, Gholamhossein Dehqani, lashed out at some member states abusing the Organization of Islamic Cooperation (OIC) to achieve their own foreign policy objectives.