China increasing Iranian oil imports despite US sanctions
China is building up oil imports from Iran while all other market participants are waiting for US President Joe Biden to lift sanctions on Tehran, Report…
India wants Iranian Chabahar port exempted from US sanctions
Southern Iranian port of Chabahar has posed a dilemma for the United States policy makers who are seeking to implement sanctions on Tehran. The southern…
Oil falls on oversupply worries despite Iran sanctions
Oil prices headed for a third weekly loss on Friday after Saudi Arabia warned of oversupply, while a slump in stock markets and concerns about trade clouded…
Rising oil prices seriously affect World Economy: Iran’s Zangeneh
Iranian Minister of Petroleum Bijan Zangeneh underlined oil market’s concerns about the inability of Saudi Arabia and Russia to offset shortages caused by eliminating Iran…
US blocking export of Iranian gas to Pakistan: Speaker
Speaker of the Iranian Parliament Ali Larijani said: “It is said that the United States is blocking completion of the Pakistani section of the IP…
Oil market never buys Saudi Brags: Iran
Iranian Minister of Petroleum Bijan Zanganeh reacted to recent remarks by Saudi authorities regarding oversupplying the oil market, saying: “Such brags would only satisfy Mr….
US sanctions strengthen Iran-Russia gas relations: NIGC
Iran’s deputy petroleum minister for gas affairs said the United States’ stance towards Tehran would bolster the alliance between Iran and Russia, saying Iran had…
“Suspend Sanctions:” Iran OPEC Boss says to Trump
Iran’s OPEC Governor said imposing sanctions on Iran’s oil industry was not practical, adding, “Mr. Trump is fuming at the failure of some countries to…
Trump blamed for rising crude prices: Iran
Iranian Minister of Petroleum Bijan Zanganeh stated on Tuesday that U.S. President Donald Trump was responsible for rising oil prices. The official also reiterated that…
OPEC-Non-OPEC JMMC no decision-making body
Iran’s Minister of Petroleum Bijan Zangeneh said the Joint OPEC/Non-OPEC Ministerial Monitoring Committee (JMMC) is not legally competent to make decisions about adjustment of production…
Analysts predict weakening of Kazakhstan currency to KZT 400/$1
Kazakhstan currency weakens to the US dollar for the fifth trading day in a row. The last time the rate was below the level of…
Shares of Russian companies fall on Moscow Exchange on fears of US sanctions
Shares of Russian companies declined on the Moscow Exchange on Thursday. Thus, Aeroflot shares in early trading fell by 8.7%, ordinary shares of Sberbank declined…
Rouhani to Trump: Don’t Play with Lion’s Tail
President Hassan Rouhani of Iran told his US opposite number not to play with the lion’s tail by threatening Iran. He made the remarks at…
No halt in South Korea oil purchase from Iran
South Korean Embassy in Tehran announced on Saturday the country’s purchase of crude oil and gas condensate from Iran was continuing unhalted. Loading of tankers…
Zangeneh sends letter to OPEC
Iranian Minister of Petroleum Bijan Zangeneh has called on Suhail Mohammed Al Marzouei, UAE Minister of Energy and Industry and the President of the OPEC…
‘Total has 60 days to negotiate sanctions waiver with US’: Zangeneh
Iranian Minister of Petroleum Bijan Zangeneh said France’s Total had 60 days to secure a waiver from U.S. sanctions against Iran to stay in a…
Oil steadies boosted by Iran fears, capped by China data
Oil prices retreated below multi-year highs hit early in the day on Tuesday, supported by concerns that U.S. sanctions on Iran that are likely to…