India Cuts Iranian Oil Imports As U.S. Sanctions Loom
Indian refiners are reducing their intake of Iranian crude oil in preparation for the return of U.S. sanctions on Tehran. The reduction is being seen as an attempt to score Continue Reading
Iran says Saudi Arabia and Russia have taken oil market ‘hostage’: SHANA
Iran’s OPEC governor said on Saturday that Saudi Arabia and Russia have taken the oil market “hostage” as U.S. President Donald Trump seeks to impose fresh sanctions on Iranian oil Continue Reading
Iran: There Is No Spare Oil Capacity
The United States won’t be able to bring Iranian oil exports to zero because the other producers can’t offset the loss of all of Iran’s oil barrels in an already Continue Reading
U.S. Secretary Of State Criticizes Iran-Chinese Oil Ties
U.S. Secretary of State Mike Pompeo slammed Iran’s Supreme Leader Ali Khamenei for staying silent on reports of China violating the human rights of Muslim minorities, accusing Iran of turning Continue Reading
US keeps pressing Iran’s oil customers to halt imports by November 5
The US continues to press Iran’s oil customers, including China and India, to halt their crude and condensate imports before sanctions resume November 5, a top State Department official told Continue Reading
Exclusive: India’s Iran oil purchases to fade ahead of U.S. sanctions
Indian refiners will cut their monthly crude loadings from Iran for September and October by nearly half from earlier this year as New Delhi works to win waivers on the Continue Reading
Not Just Crude: U.S. Sanctions Hurt Iran’s Oil Product Flows
Unlike the 2012-2015 Western sanctions on Iran, this time around only the United States is slapping sanctions on Iran’s economy and oil industry. But unlike in the previous round of Continue Reading
Japan buyer loads last Iranian oil cargoes as US sanctions deadline nears
A Japanese buyer has loaded what appears to be the last Iranian oil cargoes for arrival in early October, ahead of US sanctions, as local importers step up procurements from Continue Reading
Analysis: Iran starts to feel pinch from US sanctions on refined oil products
Highlights Fuel oil exports begin to slow down Loses East Africa as key LPG outlet Refined oil product imports could be affected London — Iran’s headache ahead of looming US Continue Reading
Iran floats surplus oil as demand falls ahead of U.S. sanctions
Two tankers carrying Iranian condensate, a type of ultra-light oil, have been floating off the United Arab Emirates for about a month as demand for the oil fell ahead of Continue Reading