Category: Iran

Iran’s oil storage on land and at sea is on the rise as U.S. sanctions on exports bite and Tehran battles to keep its aging fields operational and crude flowing, Continue Reading

India has officially ended all oil imports from Iran, India’s Ambassador Harsh Vardhan Shringla said on Wednesday, after Prime Minister Narendra Modi has managed to emerge victorious from India’s elections, Continue Reading

Iranians set ablaze an American flag last month in Tehran during a rally following the U.S. designation of Iran’s Revolutionary Guard Corps as a terrorist organization. (Rouzbeh Fouladi/NurPhoto/Getty Images) Iran Continue Reading

The heightened tension in the Middle East and security risks in the key waterways around the Arabian Peninsula have prompted the world’s most influential marine insurers’ organizations to expand their Continue Reading

As tensions in the Middle East continue to escalate with Iran threatening to choke off shipments through oil’s most critical chokepoint, the Strait of Hormuz, two countries are looking for Continue Reading

Iranian officials said Monday that within weeks they could exceed an internationally agreed cap on their stockpile of low-enriched uranium, as tensions between Iran and the U.S. escalated. Iran threatened Continue Reading

Iran has adopted new tactics and new destinations in shipping its oil exports following the re-imposition of U.S. sanctions, a senior Iranian maritime official was quoted as saying on Saturday Continue Reading

Given the U.S.’s deployment earlier this month of an aircraft carrier battle group to the Persian Gulf and comments that it may send up to 120,000 troops to the Middle Continue Reading

iran’s Supreme Leader, Ayatollah Seyyed Ali Khamenei, on May 14, 2019 — a week after US Secretary of State Mike Pompeo had visited Baghdad and reportedly met with a senior Continue Reading

Drone attacks on pipelines in Saudi Arabia and the mysterious alleged sabotage of tankers near Fujairah sent pulses racing, but a phony war in the Persian Gulf failed to trigger Continue Reading

Iran’s elite Revolutionary Guards (IRGC) are “highly likely” to have facilitated attacks last Sunday on four tankers including two Saudi ships off Fujairah in the United Arab Emirates, according to Continue Reading

Iran’s foreign ministry on Friday rejected accusations by Saudi Arabia that Tehran had ordered an attack on Saudi oil installations claimed by Yemen’s Iran-aligned Houthi militia. U.S.-ally Riyadh made the Continue Reading

 Iranian crude oil exports have fallen in May to 500,000 barrels per day (bpd) or lower, tanker data showed and industry sources said, after the United States tightened the screws Continue Reading

Tens10ns between the US and Iran were ebbing on. Friday atter US President  Donald Trump said he hoped the two countries would not go to war at the end of Continue Reading

Pressed this week to define President Trump’s goals in escalating military and economic pressure on Iran, one of his top foreign policy aides ticked through a familiar list: End the Continue Reading

Saudi Arabia may soak up some of Iran’s previous market share on the Indian market as Saudi Aramco is set to ship additional 2 million barrels per month to Indian Continue Reading

Iran has officially stopped some commitments under a 2015 nuclear deal with world powers following an order from its national security council, an informed official in the country’s atomic energy Continue Reading

A tanker carrying Iranian fuel oil in violation of U.S. sanctions has unloaded the cargo into storage tanks near the Chinese city of Zhoushan, according to ship-tracking data on Refinitiv Continue Reading

Growing U.S. pressure on Iran has weakened pragmatic President Hassan Rouhani and made his hardline rivals more assertive at home and abroad, recent developments show. When he succeeded firebrand leader Continue Reading

Attacks on oil tankers and facilities in the Persian Gulf set the Middle East on edge, as Iranian officials on Tuesday accused officials in the Trump administration of trying to Continue Reading

European firms can still buy oil from Iran as some companies don’t have interests in the United States and aren’t concerned about the U.S. sanctions on Tehran, former Iranian foreign Continue Reading

The tanker attacks off the coast of the United Arab Emirates were “Israeli mischief,” an Iranian parliamentary spokesman said on Tuesday, according to the Islamic Republic News Agency (IRNA). “The Continue Reading

An initial U.S. assessment indicated Iran likely was behind the attack on two Saudi Arabian oil tankers and two other vessels damaged over the weekend near the Strait of Hormuz, Continue Reading

At a meeting of President Trump’s top national security aides last Thursday, Acting Defense Secretary Patrick Shanahan presented an updated military plan that envisions sending as many as 120,000 troops Continue Reading

Iran insists on exporting at least 1.5 million barrels per day (bpd) of oil, triple May’s expected levels under U.S. sanctions, as a condition for staying in an international nuclear Continue Reading

U.S. sanctions on Iran are now really starting to bite. In contrast to what European media portray, Iran’s oil and gas exports are plunging. Tehran’s ability to supply its Asian Continue Reading

It was a question that just as recently as last week was still undecided. Would Beijing kowtow to Washington’s demand that it stop importing Iranian oil at the start of Continue Reading

The U.S. Maritime Administration issued on Friday a maritime advisory warning that Iran or its proxies could target oil infrastructure and commercial ships, including oil tankers, in and around the Continue Reading

Iran’s Revolutionary Guards said on Friday Tehran would not negotiate with the United States and a senior cleric warned that a U.S. Navy fleet could be “destroyed with one missile”, Continue Reading

U.S. commercial ships including oil tankers sailing through key Middle East waterways could be targeted by Iran in one of the threats to U.S. interests posed by Tehran, the U.S. Continue Reading

Iran’s oil exports are plunging. Waivers on U.S. sanctions for Iranian oil purchases expired earlier this month, and there is evidence that most countries are steering clear of running afoul Continue Reading

The United States and Iran continued to trade barbs on Wednesday over the Iranian nuclear deal and Iranian oil exports as the United States stands firm on its position that Continue Reading

Exactly a year after the United States withdrew from Iran nuclear deal, the Islamic Republic said on Wednesday that it is suspending some of its commitments under the agreement and Continue Reading

President Donald Trump on Wednesday ordered new sanctions on Iran, this time targeting the Islamic Republic’s export revenues from its industrial metals sector, and vowed to keep squeezing Tehran unless Continue Reading

Iran announced on Wednesday it was relaxing some curbs to its nuclear program, announcing steps that stop short of violating its 2015 deal with world powers for now, but threatening Continue Reading

France called on Iran on Wednesday to respect all its commitments after Tehran announced it was relaxing some curbs to its nuclear program, and warned against any action that would Continue Reading

Iran said it had started scaling back parts of its commitments under its 2015 nuclear deal on Wednesday and threatened to do more if world powers did not protect it Continue Reading

Iran said Wednesday it would stop complying with some of its commitments under the 2015 nuclear deal, escalating tensions with the U.S. and moving closer to a breakdown of the Continue Reading

One key foreign policy goal of the current U.S. government is to initiate regime change in Iran by crippling its economy to such a degree that popular unrest removes the Continue Reading

European diplomats warned Monday that Iran is preparing to abandon parts of a landmark nuclear deal in response to new U.S. sanctions, a step that risks inflaming tensions after the Continue Reading

Iran on Monday strongly suggested that it was about to reduce compliance with the landmark 2015 nuclear deal because of sanctions reimposed by President Trump when he repudiated the Obama-era Continue Reading

 Iran has mobilized all its resources to sell oil in a “grey market”, bypassing U.S. sanctions that Tehran sees as illegitimate, state media quoted Deputy Oil Minister Amir Hossein Zamaninia Continue Reading