Iran Energy News Oil, Gas, Petrochemical and Energy Field Specialized Channel
Iran has threatened that it will close Hormuz Strait if US blocks the country'.s oil exports.
Read More »Iran not after Confrontation. but Defending Itself
US Oil Embargo will See Venezuela Turn to China. Russia
Venezuela had its eyes on India to try to make up its shortfall.
Read More »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 »Iraq Needs a Lot more Water to Fuel Its Oil Growth Ambitions
Most of Iraq'.s southern fields in Basrah are operated by international oil companies.
Read More »US Prevents Iran from Benefiting from JCPOA
Islamic Republic of Iran has fulfilled its commitments within the framework of Joint Comprehensive Plan of Action (JCPOA) fully.
Read More »Trump`s Gulf Backups to Iran Aren`t Good Enough for Turkey
Turkey is loath to buy more oil from Saudi Arabia and the United Arab Emirates as the U.S. looks to squeeze exports from Iran. currently the third-largest supplier of crude to the Middle East’s biggest economy.
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 »Iran Lambastes Saudi Arabia. Bahrain for Supporting US Oil Sanctions. Warns of Consequences
Tehran has lashed out at Saudi Arabia and Bahrain for supporting Washington’s termination of sanctions waivers for major Iranian crude buyers. saying the Islamic Republic would allow no country to replace it in the oil market.
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.
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