President Donald Trump’s top security advisor on Monday urged Iran to take up an offer of talks with the United States or suffer more pain from economic sanctions, but Iran’s Continue Reading
With U.S. sanctions relief on Iran winding down on Monday, the U.S. secretary of state said it would take immense changes from Tehran to avoid further pressure. Under the new Continue Reading
The United States wants as many countries as possible to cut their imports of Iranian oil to zero, a senior U.S. administration official said on Monday in a telephone press Continue Reading
What is the Iran nuclear deal? US President Donald Trump has issued a strong warning to anyone trading with Iran, following his re-imposition of sanctions on the country. “Anyone doing Continue Reading
Iranians are hoarding gold as a safeguard against a collapsing local currency and soaring cost of living as the U.S. is poised to impose economic sanctions on Iran, pushing the Continue Reading
Highlights US crude shipments to India surge in May, June Insurance concerns give refiners sleepless nights Eyes on incremental heavy barrels from Latin America Singapore — A question mark on Continue Reading
The oil market is set to tighten further before the end of this year – a sign that OPEC’s early response to boost supply may not be enough to offset Continue Reading
Beijing has declined a request by U.S. envoys to stop importing crude oil from Iran, Bloomberg reports , citing unnamed sources in the know. While this is a major setback Continue Reading
Sporadic protests were taking place in cities in Iran for a fourth day, with demonstrators attacking a Shi’ite seminary west of Tehran, according to Iranian news agencies and social media Continue Reading
The war of words between the United States and Iran has been heating up as the return of U.S. sanctions threatens to take more than 1 million bpd of Iranian Continue Reading
The United States believes Iran has started carrying out naval exercises in the Gulf, apparently moving up the timing of annual drills amid heightened tensions with Washington, U.S. officials told Continue Reading
Ahead of the return of the U.S. sanctions on Iran, India’s state refiners boosted their Iranian oil purchases, pushing up Indian oil imports from Iran by 30 percent from June, Continue Reading
Iranian Foreign Minister Mohammad Javad Zarif said Tehran won’t respond to threats, sanctions pressure or public relations stunts from the United States. File Photo by Ali Mohammadi/UPI | Aug. 1 Continue Reading
Senior Iranian officials and military commanders on Tuesday rejected U.S. President Donald Trump’s offer of talks without preconditions as worthless and “a dream”, saying his words contradicted his action of Continue Reading
Economic sanctions imposed on Iran will impact maritime traffic in the Strait of Hormuz, a main oil artery, an Iranian naval commander said Tuesday. “The cruel sanctions being imposed on Continue Reading
The top Asian oil importers and Iranian oil customers—China, India, Japan, and South Korea—bought in June their lowest combined volume of Iranian oil in seven months, as South Korea slashed Continue Reading
U.S. President Trump is wrong to expect that Saudi Arabia and other large producers can compensate for the decline in Iranian crude oil supply resulting from the renewed U.S. sanctions Continue Reading
Iranian lawmakers have given President Hassan Rouhani one month to appear before parliament to answer questions on his government’s handling of Iran’s economic struggles, state media reported on Wednesday. It Continue Reading
The head of the Iranian central bank said it was monitoring the swift devaluation of its currency, the rial, as U.S. economic pressure on the country mounts. “Enemies are out Continue Reading
Iran’s local currency hit another record low against the U.S. dollar Monday, extending a historic slide on concerns about new American sanctions due to be imposed next week. Scrambling to Continue Reading
President Donald Trump said on Monday he was willing to meet the leaders of Iran without any preconditions, opening the door to possible negotiations with the Tehran regime just months Continue Reading
As U.S. sanctions on Iran are about to kick in later this year, Indian oil refiners reduced their orders for Iranian crude oil in June by 12 percent compared to Continue Reading
Russian Energy Minister Alexander Novak said Friday the market has probably taken into account the potential loss of Iranian oil by November already. The U.S. departure from the Joint Comprehensive Continue Reading
A powerful commander of Iran’s elite Revolutionary Guards said on Thursday Donald Trump should address any threats against Tehran directly to him, and mocked the U.S. president as using the Continue Reading
A top Iranian commander has warned Donald Trump that the Islamic republic’s forces “are close to you in places you cannot think of” as Tehran ramps up its war of Continue Reading
On August 6th, the first batch of sanctions against the Islamic Republic will go into effect. This includes sanctions on the acquisition of US dollar banknotes by Iran’s government, sanctions Continue Reading
Hindustan Petroleum has cancelled a crude oil shipment from Iran after its insurer refused to provide coverage for the cargo on concern about U.S. sanctions, Reuters reports , citing three Continue Reading
United States threats to throttle Iran’s international oil trade can be easily answered, the head of the elite Revolutionary Guards said on Wednesday, according to the Tasnim news agency. U.S Continue Reading
Iranian officials have suggested that they could shut the Strait of Hormuz if the U.S. moved to completely disrupt Iranian oil exports, a dire scenario that would present a supply Continue Reading
Tensions between the United States and Iran continue to rise, with U.S. President Donald S. Trump issuing a threatening tweet against Iran’s President Hassan Rouhani amidst preparations to re-impose sanctions Continue Reading
U.S. President Donald Trump on Tuesday kept open the possibility of negotiating an agreement to denuclearize Iran, two days after he rattled his saber at the nation on Twitter. “We’ll Continue Reading
Just over a year ago, hundreds of thousands of Iranians poured on to the streets of cities across the Islamic republic to celebrate Hassan Rouhani’s landslide victory in an election Continue Reading
Anytime Iran and the United States trade threats, global oil markets snap to attention. The reason is the narrow stretch of water at the mouth of the Persian Gulf. President Continue Reading
European efforts to protect businesses investing in Iran from US sanctions risk leaving executives with the tough choice of whether to obey EU or American rules. The EU is finalising Continue Reading
U.S. President Donald Trump told Iran it risked dire consequences “the like of which few throughout history have suffered before” if the Islamic Republic made more threats against the United Continue Reading
A flare-up in U.S.-Iranian tensions, coupled with a work stoppage in the North Sea, sent crude oil prices higher Monday ahead of the start of U.S. trading. In an apparent Continue Reading
Iran’s President Hassan Rouhani has threatened the United States with “the mother of all wars” if Washington continues pressuring it with sanctions and attempts to foment unrest among the already Continue Reading
Iran on Monday dismissed an angry warning from U.S. President Donald Trump that Tehran risked dire consequences “the like of which few throughout history have suffered before” if it made Continue Reading
Iran will respond with equal countermeasures if the United States tries to block its oil exports, Tehran’s foreign ministry spokesman said Tuesday. “If America wants to take a serious step Continue Reading
To Iranian President Rouhani: NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONSEQUENCES THE LIKES OF WHICH FEW THROUGHOUT HISTORY HAVE EVER SUFFERED BEFORE. WE ARE NO Continue Reading
Iran has overtaken Saudi Arabia as India’s number two oil supplier in the April-June quarter, India’s oil minister said on Monday. Iraq remains India’s number-one supplier of crude. While Iran Continue Reading
Sri Lanka will pay down its oil debt held by Iran with tea in response to new regulations that Sri Lanka has issued in order to comply with a UN Continue Reading
Germany’s minister of state for foreign affairs has encouraged India to continue buying Iranian oil, despite pressure from the United States, which Niels Annen called “irritating, to put it mildly.” Continue Reading
Iran’s Supreme Leader Ayatollah Ali Khamenei on Saturday backed President Hassan Rouhani’s suggestion that Iran may block Gulf oil exports if its own exports are stopped and said negotiations with Continue Reading
Iran’s president Hassan Rouhani warned the US not to threaten the nation’s oil exports, called for improved relations with its neighbors including arch-nemesis Saudi Arabia, and cautioned the US that Continue Reading
(Reuters) – U.S. President Donald Trump warned Iranian President Hassan Rouhani on Sunday not to threaten the United States or face the consequences, hours after Rouhani told Trump that hostile Continue Reading
President Donald Trump has threatened Iran with severe “consequences” if the country makes any more threats towards America, in some of the harshest rhetoric he has aimed at Tehran since Continue Reading
How much oil from Iran will be disrupted because of U.S. sanctions? American officials have gone back and forth on this, but many of the people who decide how much Continue Reading
Iranian contractors are working to offset production declines with new pumping technology at an oil field straddling the border with Iraq, state media reported. The official Islamic Republic News Agency Continue Reading
On Monday, Iranian Foreign Minister Mohammad Javad Zarif said on Twitter that Iran had filed a complaint against the U.S. with the International Court of Justice (ICJ) to “hold [the] Continue Reading
