The Trojan Horse In Oil Markets
The U.S. sanctions on Iran are not biting yet, as global oil markets are well supplied. In the coming weeks, Iranian crude volumes should show a decline. At the same Continue Reading
U.S. Iran envoy aims to zero Iran oil exports without spike in price
A general view of an oil dock is seen from a ship at the port of Kalantari in the city of Chabahar, 300km (186 miles) east of the Strait of Continue Reading
Iran says extra Saudi, Russian oil helps Trump and hurts producers
Saudi Arabia and Russia need to cut oil output, a top Iranian official said on Wednesday, adding that extra supply from the two countries had caused a slide in prices Continue Reading
Factbox: The knowns and unknowns of U.S. Iran oil sanction waivers
The United States on Monday re-imposed sanctions against Iran’s oil exports to punish Tehran for its involvement in several Middle Eastern conflicts. Washington had been pushing governments to cut imports Continue Reading
Iran’s Ghost Tankers Are Slipping Through The Cracks
In anticipation of the U.S. sanctions against Iranian oil exports, which were reimposed by the Trump Administration on Monday (along with additional sanctions on everything from Iranian shipping to banking Continue Reading
Russia Is Surprise Beneficiary of Iranian Oil Ban
“Russia is playing on all sides,” said Helima Croft, chief commodities strategist at Canadian broker RBC. Russia counts Iran as a key ally in its widened geopolitical role in post-civil Continue Reading
Exclusive: Iraq to increase oil output and exports, waits on Iran sanctions – minister
Iraq plans to increase its oil output and export capacity in 2019, with a focus on its southern oilfields, and is close to reaching a deal with international companies, Oil Continue Reading
Iran says it is selling the oil it needs to, despite U.S. pressure
Iran said on Tuesday it had so far been able to sell as much oil as it needs despite U.S. pressure, but it urged European countries opposed to U.S. sanctions Continue Reading
Iran predicts ‘difficult days’ for oil consumers worldwide: SHANA
Iran’s oil minister said on Tuesday that U.S. sanctions on Iranian crude exports mean difficult days for oil consumers worldwide, adding that waivers issued by Washington to eight importing countries Continue Reading
After oil imports from Iran surge, India must now contemplate big cuts
India’s oil imports from Iran in 2018-19 could be higher than the previous year despite the imposition of U.S. sanctions, a Reuters analysis of industry data shows, forcing the government Continue Reading