ESPO is one of the most actively traded crude oils in Asia. and is popular among Chinese refiners.

Since the 2003 U.S.-led invasion of Iraq. oil-rich Kirkuk has remained the subject of dispute between Baghdad and the Erbil-based KRG.

The government of South Korea supports S Korean companies willing to invest in Iran.

OPEC would be willing to do ``whatever it takes`` to balance the oil market.

Total would wait to see the consequences of Trump’s decision.

JCPOA is the official title of the nuclear deal. which stands for the Joint Comprehensive Plan of Action.

BP has a stake of nearly 20 percent in Rosneft and Dudley said he was very happy with the partnership and future projects.

Analysts see more likelihood of a shift in policy with regards to Gazprom'.s planned 38 Bcm year exports to China via the Power of Siberia pipeline.

U.S. sanctions could cut off a lot of Iranian oil trade finance.

US is trying to ensure that India reduces oil imports from Iran.