OPEC likely raised its total oil production in April, driven by another supply increase from Iran, one of the three OPEC members exempted from the OPEC+ production cuts, according to Continue Reading
French energy major Total said it is too early to consider a return to Iran even as negotiations for the US to return to the Iran nuclear deal start to Continue Reading
Crown Prince Mohammed bin Salman has said Saudi Arabia wants to resolve its differences with rival Iran, a marked shift in tone in the wake of the election of US Continue Reading
Iran on Tuesday renewed a call for a prisoner exchange with the United States as the longtime foes continue talks with world powers over a possible U.S. return to Tehran’s Continue Reading
A major threat is brewing for international oil and commodity markets in the coming months. There has been an increase in the amount of drone and missile attacks on Saudi Continue Reading
A recording of Iran’s foreign minister offering a blunt appraisal of diplomacy and the limits of power within the Islamic Republic has leaked out publicly, providing a rare look inside Continue Reading
In a leaked audiotape that offers a glimpse into the behind-the scenes power struggles of Iranian leaders, Foreign Minister Mohammad Javad Zarif said the Revolutionary Guards Corps call the shots, Continue Reading
Iran’s crude oil exports since the start of the month have averaged around 500,000 bpd, according to a Reuters report that cites estimates from tanker tracking companies. This is lower Continue Reading
Iran needs at least three months to flow back its crude in the global oil market as much as it was under the 2015 nuclear deal, former oil minister Rostam Continue Reading
The United States has provided Iran with examples of three categories of existing sanctions — those it would need to lift to return to compliance with the Iran nuclear deal, Continue Reading
