A rise in oil prices caused by the United States’ sanctions policies will hurt economic growth in China, Europe and other consumers, much like President Donald Trump’s trade measures, a Continue Reading
Iraqi police have managed to impose control over protesters at some of Iraq’s biggest oil fields in the south, who had been demanding that companies running the fields hire local Continue Reading
Iran will take care to supply India with all the oil it needs, the country’s embassy in India said , a day after deputy ambassador threatened India that Iran could Continue Reading
The Iraqi government on Thursday attempted to quell five days of protests outside vital Basra oil fields with promises of jobs, electricity, and clean water. One protestor was killed on Continue Reading
Saudi Arabia will be “reluctant to exhaust” its “substantial” spare capacity, according to oil and gas analysts at BMI Research. “Questions are being asked as to the extent to which Continue Reading
Highlights Japanese refiners’ imports will slow to a trickle next month Shipping companies prepare for snap-back of sanctions in November Washington officials send mixed signals on sanctions relief Tokyo — Continue Reading
For much of his presidency, Hassan Rouhani has been at loggerheads with Iran’s military and conservative establishment, as he forged diplomatic ties with the West to break his country’s international Continue Reading
Some of the United States’ closest allies are scrambling to find a way around the latest sanctions of the Trump Administration against Tehran, and Washington may have to revise its Continue Reading
Iranian crude oil imports into India fell by 15.9 percent in June from May, or to 592,800 bpd from more than 705,000 bpd in the previous month, Reuters reports , Continue Reading
Iranian vice president Eshaq Jahangiri acknowledged on Tuesday that U.S. sanctions would hurt the economy but promised to “sell as much oil as we can” and protect its banking system. Continue Reading
