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China’s oil imports from Russia surge amid Ukraine war, US-led bans
Jun 22, 2022 03:49China has increased its crude oil imports from Russia in recent months, importing more than any other country in the month of May since December last year by taking advantage of lower prices in the face of Western sanctions.
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Iran paid for oil exports 90 days after delivery: Minister
Jun 21, 2022 16:39Finance Minister Ehsan Khandouzi says the country receives revenues of its oil exports no later than 90 days from shipment delivery dates despite American sanctions that restrict both purchases of Iranian oil and the related payments.
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Iran can fulfill Pakistan’s energy needs: President
Jun 15, 2022 04:13Iran's President Seyyed Ebrahim Raeisi expressed the country’s readiness to satisfy Pakistan’s demand for oil, gas and electricity.
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Greece releases Iranian oil tanker
Jun 14, 2022 06:45The Greek government has overturned its recent decision to confiscate an Iranian oil tanker, dismissing Washington’s pressures which were behind the seizure in the first place.
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Iran delivers second oil tanker ordered by Venezuela
Jun 12, 2022 00:37An Iranian shipbuilding company has successfully delivered a second large oil tanker ordered by Venezuela during a visit to Iran by Venezuelan President Nicolas Maduro.
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Greek court overturns decision on US seizure of confiscated Iranian oil cargo
Jun 09, 2022 05:10A Greek court has overturned an earlier court ruling that allowed the United States to confiscate part of a shipment of Iranian crude on an Iranian-flagged vessel seized in the European country's territorial waters.
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Iran’s oil exports at over 1 mln bpd since March: Report
Jun 08, 2022 00:53A report published in the Iranian media shows that crude oil exports from the country have remained at levels above 1 million barrels per day (bpd) since the start of the calendar year in late March.
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US allows Spanish, Italian firms to import Venezuelan oil to cut Russia dependency
Jun 06, 2022 09:29The United States has issued waivers to Spanish and Italian oil companies to receive Venezuelan crude in an attempt to reduce their heavy reliance on Russian energy.
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US may need to allow more Iran oil to flow even without deal amid high gas prices in America: Vitol
Jun 06, 2022 06:32Global crude trader Vitol Group says the United States may allow more sanctioned oil from Iran onto global markets even without reaching an agreement on the revival of the 2015 deal, amid growing pressure to reduce gas prices in America.
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Iran rejects French, German ‘inappropriate interference’ in the Greek oil tankers case
Jun 01, 2022 10:58Iran has strongly rejected the “one-sided” and “unjustifiable” statements of France and Germany regarding its seizure of two Greek oil tankers, calling on the two countries to take a more constructive stance by genuinely supporting freedom of navigation and maritime safety.