Highlights Crude imports from UAE, Ecuador replace supply from Iran Abu Dhabi grades more expensive than Iranian Heavy crude First intake of Cameroon’s Ebome crude, Australia’s Wheatstone condensate Singapore — Continue Reading
Facing an unexpectedly rigorous enforcement by the U.S. of its re-imposed sanctions on oil and the recent addition of partial sanctions on its petrochemicals sector, Iran is pushing for output Continue Reading
World powers will warn Iran to stick to the terms of their nuclear deal when they meet on Friday for “last chance” talks, but with Tehran feeling the pressure from Continue Reading
Iran’s main demand in talks aimed at saving its nuclear deal is to be able to sell its oil at the same levels that it did before Washington withdrew from Continue Reading
Iran could within days breach part of its 2015 nuclear deal with world powers, a move that could eventually culminate in the return of all international sanctions on the country. Continue Reading
Iran is on course to breach a threshold in its nuclear agreement within days by accumulating more enriched uranium than permitted, although it had not done so yet by a Continue Reading
Asia’s crude oil imports from Iran fell in May to the lowest in at least five years after China and India wound down purchases amid U.S. sanctions, while Japan and Continue Reading
Saudi Arabian Oil Co. has the experience and infrastructure it needs to keep crude flowing should supply through the Strait of Hormuz be disrupted, according to the chief executive officer Continue Reading
South Korean President Moon Jae-in, right, shakes hands with Saudi Crown Prince Mohammed bin Salman during a meeting at the presidential Blue House, Wednesday, June 26, 2019, in Seoul, South Continue Reading
China is buying Iranian oil in defiance of US sanctions and providing what Tehran hopes will be a financial lifeline for the country’s buckling economy. Although Beijing customs data show crude purchases Continue Reading
