ExxonMobil has withdrawn its 30 foreign staff from Iraq’s West Qurna 1 field, according to Iraqi state-run Basra Oil Company, following a US State Department warning about security risks from Continue Reading
Production is unaffected and the security situation appears calm as ExxonMobil evacuates dozens of foreign staff from the West Qurna 1 field, following U.S. claims of threats from Iran. ExxonMobil 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
Iranian Foreign Minister Javad Zarif asked China to help save the 2015 nuclear deal, seeking to bolster ties between the two countries as the U.S. intensifies its campaign to isolate 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
Iraq has contingency plans for any stoppage of Iranian gas imports for its power grid but hopes no such disruption will take place, Oil Minister Thamer Ghadhban said on Thursday. Continue Reading
