President Hassan Rouhani appeared on Tuesday to threaten to disrupt oil shipments from neighboring countries if Washington presses ahead with its goal of forcing all countries to stop buying Iranian Continue Reading
They are from different generations, different countries, and live 1,100km apart. Yet the fates of Suleyman Agalday and Nashwa Nasr are intertwined by policies transforming the Tigris River that has irrigated Continue Reading
The Abu Dhabi National Oil Company (ADNOC) has the ability to raise its oil production by “several hundred thousand” barrels per day, the state-run oil firm of the United Arab Continue Reading
The United States aims to reduce Tehran’s oil revenue to zero in an effort to force the Iranian leadership to change its behavior in the region and believes there is Continue Reading
Iran says Riyadh and Washington are ‘ridiculing’ OPEC as Saudi Arabia’s modest output pledge turns into massive jump. Saudi Arabia’s Oil Minister Khalid al-Falih. LONDON – Iran may be Russia’s Continue Reading
European refiners are cutting purchases of Iranian oil faster than expected as the U.S. prepares to reimpose sanctions on Iran, threatening a more severe impact than the last round of Continue Reading
In more dour news for Iran, India (the world’s fourth largest oil importer) is planning to cut oil imports from the embattled OPEC member. India’s oil ministry has asked refiners Continue Reading
Indian refiners are preparing for any scenario in case they won’t be able to import any Iranian crude oil as the United States steps up pressure on countries to bring Continue Reading
Nationwide oil exports were virtually flat in June from a 2018 peak in May, with the largest monthly federal Iraq tanker loadings of the year offset by a multi-day outage Continue Reading
President Donald Trump lashed out at OPEC with a warning to stop manipulating oil markets and piled pressure on U.S. ally Saudi Arabia to raise supplies to compensate for lower Continue Reading
