Tag Archives: Iran

Lack of proposal will not enable the US to null export of Iranian oil.

The International Energy Agency has warned of higher oil prices as Iranian supply losses deepen heading into November.

Pakistan is not under pressure of the US sanctions for providing its needs.

Iran told OPEC last month that no member country should be allowed to take over another member'.s share of oil exports.

This winter could turn out to be a hot one indeed for oil markets.

The Europeans and other signatories must work on compensating the US sanctions.

Trump’s efforts to cut Iran’s access to the global crude market has prompted Russia and Saudi Arabia to take the market hostage.

Saudi Arabia lifted output by 70.000 bpd to 10.42 MMbpd last month.

The US administration pulled out of the landmark 2015 nuclear deal with Iran on May 8.

The US is attempting to bring Iran’s oil sales to zero by imposing banking and transportation restrictions.