Tag Archives: Iran

Non-oil exports from Iran’s South Pars. the world’s largest gas field. rose 23 percent over the past year.

According to analysts. Iran’s crude oil exports have fallen sharply due to US sanctions.

Oil prices rose on Friday. supported by signs that US sanctions on Iran are already reducing global crude supply.

Trump’s administration is pushing allies to cut imports of Iranian oil to zero.

Fifteen of the 25 analysts polled by International Business Times expect Iran’s sanctions to drive oil prices up.

Russia has already built a power plant in Bushehr in southern Iran.

Iran is now able to import electricity from Turkmenistan and Armenia.

The US'.s growing trade dispute with China and spats with other trading partners are likely to dampen demand growth.

Iraq to apply for an exemption from US sanctions against Tehran.

Timing may reflect the White House’s concern over a tight oil market.