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Oil Price
Iranian Government obliged by parliament to retake oil money from US and UK
Saturday, 31 August 2019 14:54
Iranian MPs have presented a 10-point plan to the government, obliging it to retake oil money from the US and UK after the 1953 coup.
Crimea ready for transit of Iranian oil after tanker seizure
Wednesday, 28 August 2019 14:30
Deputy Prime Minister of Crimea says Iran can use the Russian territory’s ports for the transit of oil.
Iran's oil exports to China continues despite US sanctions
Monday, 29 July 2019 07:33
The latest figures issued by China’s customs authorities show that China imported 208,205 barrels of Iranian oil per day, in the month of June.
Iran, UK Foreign Ministers discuss tankers crisis over the phone
Saturday, 20 July 2019 18:59
Iran's foreign minister and his British counterpart discussed how the release of Iranian and British oil tankers might come about in a phone call on Saturday afternoon.
Oil prices spike at $63 a barrel
Saturday, 20 July 2019 08:11
The oil price climbed to $63 a barrel after the announcement of the impounding of a British oil tanker by the Islamic Revolution Guard Corps (IRGC) Naval forces.
Decrease in Iran oil sales 'outright lie': Oil Minister
Monday, 24 June 2019 17:24
In comments on Monday, Bijan Namdar Zanganeh said reports about a decrease in Iranian oil sales in recent days are “an outright lie”.
Katyusha rocket hits oil facilities in Iraq's Basra
Wednesday, 19 June 2019 07:44
Unknown attackers fired a Katyusha rocket at an oil hub housing international oil companies in the southern Iraqi port city of Basra, wounding three Iraqis.
OPEC chief visit Iran to show support for Tehran against US sanctions: Analysis
Saturday, 04 May 2019 17:35
OPEC Secretary-General travels to Tehran while US sanctions waivers were set to expire show another support for Iran against US sanctions.
Turkey says cannot replace Iranian oil
Friday, 03 May 2019 12:12
Turkey will be unable to replace oil imports from Iran after the US ended waivers, the Turkish Foreign Minister said on Thursday.
Iran Oil Minister warns OPEC on threats against Tehran's interest
Friday, 03 May 2019 08:04
Iranian Oil Minister said that Iran is a member of OPEC because of its interests and if other members of OPEC seek to threaten Iran or endanger its interests, Iran will not remain silent.
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