Iran’s oil minister told his Saudi Arabian counterpart that last month’s OPEC supply pact does not give member countries the right to raise oil production above their targets, according to Continue Reading
Iran is pinning its hopes on Asian oil consumers as it battles to protect crude exports and shield its economy from tough US sanctions. The US has been lobbying oil Continue Reading
European companies have invested heavily in Iran’s energy sector The US has rebuffed high-level pleas from the European Union to grant exemptions to European companies from its sanctions against Iran. Continue Reading
Iran’s supreme leader on Sunday called on state bodies to support the government of President Hassan Rouhani in fighting looming U.S. economic sanctions, saying America’s “conspiracy” could be defeated, according Continue Reading
Curfews have been imposed, troops put on the streets and the internet reportedly shut down. Burgeoning protests in Iraq against corruption and poor services represent a major challenge and risk Continue Reading
Kurds in Syria are sharing part of the oil pumped at oil fields with the Syrian government under a recently signed deal that is working, Russian news outlet Sputnik reported Continue Reading
Satellite surveillance shows that production has fully resumed at the Bai Hassan field in Iraq. The field is part of a complex of oilfields in Northern Iraq that were shut Continue Reading
Iran has touted $50bn worth of potential Russian investments in its oil and gas sector as it seeks to deepen its relationship with Moscow, amid mounting pressure from the US Continue Reading
The United States intends to impose sanctions on all customers of Iranian oil, including China, the EU, and Russia, Treasury Secretary Steven Mnuchin said on Thursday, signaling that the U.S. Continue Reading
Highlights Refiners still uncertain of which strategy to adopt Both oil ministries confident either will be flexible Indian imports of Iranian oil remain above 2017 levels London — Receive daily Continue Reading
