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Iran won't let US sanctions bring oil exports to zero: Dutch Ambassador
May 01, 2019 17:09The ambassador of the Netherlands in Iran has said the strength of the Tehran oil exhibition and the determination of the oil minister shows that Tehran will not allow US sanctions to bring Iran's oil exports to zero.
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$100-a-barrel oil shock will hit US recovery
Apr 29, 2019 07:03An oil price shock sparked by Donald Trump could propel crude to $100 per barrel and derail a recovery in global economic growth next year, economists have warned.
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Saudi, UAE overstate their oil capacities: Iran oil minister
Apr 26, 2019 11:34Iranian Oil Minister said Saudi Arabia and the United Arab Emirates overstate their oil capacities, as they claim having no problem replacing the medium and heavy sour crude grades that Iran currently supplies.
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Sanctions on Iranian oil bring US drivers pain at the pump
Apr 24, 2019 10:18American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices are headed higher.
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Three importers cut Iran oil shipments to zero: US Official claims
Apr 03, 2019 09:54Three of eight importers granted waivers by Washington to buy oil from Iran have now cut their shipments to zero, a US official claimed, adding that improved global oil market conditions would help reduce Iranian crude exports further.
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Iran's oil exports in 2019 rise despite sanctions
Feb 20, 2019 10:44In the first 2 months of 2019, Iran's oil shipment reached averaging 1.25 million barrels per day, higher than oil market expected due to US imposed sanction on Tehran.
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Iran signs $1- billion contract to increase oil production
Jan 23, 2019 10:24Iran has signed $ 1 -billion oil contracts to boost oil production and to safeguard oil industry.
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US to cut number but extend waivers from Iranian oil imports sanctions: Report
Jan 18, 2019 19:48Oil market analysts said that Reducing the number of waivers will limit oil exports from Iran, the fourth-largest producer in OPEC, but the US should forget its goal of bringing Iranian oil exports to zero.
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Zanganeh: Recent OPEC meeting marked another defeat for U.S.
Dec 13, 2018 10:21Iran's oil minister Bijan Namdar Zanganeh has described recent OPEC meeting in Vienna as another defeat for the U.S. in its anti-Iran policies.
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India pays crude bill to Iran in rupee
Dec 07, 2018 19:55India will import crude oil from Iran using a 50% rupee-based payment and 50% export commodities mechanism.