Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Crude oil prices have been moving higher since last month and are up 33 per cent in the year to date.
Read More »Trump Says Saudi Arabia. Others Agreed to Boost Oil Production
No Wind-Down for China on Stopping Its Iran Oil Buys
China has alternative oil suppliers including the United States and Saudi Arabia.
Read More »South Korea Wants US to Backtrack on Iran Decision
South Korea is sending a delegation to the United States to seek an extension of waivers which Washington ended on Monday with the aim of bringing Iran’s oil exports to zero.
Read More »Oil Prices Expected to Rise in Summer as US Toughens Stance on Iran Sanctions
Donald Trump is betting that Saudi Arabia and other OPEC members make up for the shortfall.
Read More »Germany will Stand by Iran Nuclear Deal
US President Donald Trump last year pulled out of a landmark 2015 nuclear deal with Iran.
Read More »Turkey Rejects US Sanctions on Iran`s Oil
Turkey rejects unilateral sanctions and impositions on how to conduct relations with neighbors.
Read More »US cannot Force Iran Oil Exports to Zero
The US decision on Monday more than failing to snuff out Iran’s oil exports will disrupt markets and complicate Washington’s relations with Beijing and even its own partners. industry analysts say.
Read More »Economic Terrorism Indication of Washington`s Desperation
Japan and South Korea are heavily dependent on foreign oil. specially from Iran.
Read More »Oil Prices Rise as U.S. Looks to End Iran Sanction Waivers
South Korea is a major buyer of Iranian condensate.
Read More »US to Announce Iran Oil Sanctions Waivers Cancellation Starting May 2
The United States wants all countries to eventually cut their oil imports from Iran to zero.
Read More »