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Iran is OPEC'.s second-largest crude exporter with more than 2 million barrels a day.
Read More »Iran Only Import Goods from Countries that Buy Its Oil
US Determined to Cut Iran Oil Exports to Zero
The US ultimatum has also contributed to upward pressure on world oil prices.
Read More »US Oil Surge $75 after Iran Threatened will Block Middle East Shipments
Iranian President Hassan Rouhani said: ``It has no meaning for Iranian oil not to be exported. while the region’s oil is exported"..
Read More »Oil prices Rise as U.S. Supply Tightens. Iran Sanctions Loom
Iran has warned it would not accept other producers reaping the benefits by taking its market share.
Read More »S. Korea Hopes to Keep Iranian Oil Imports
The two-way trade volume totaled US$12 billion in 2017. with South Korea exporting $4 billion worth of products.
Read More »Trump Warns European Companies against Iran Ties
Rising gasoline prices could create a political headache for Trump ahead of the November elections.
Read More »Iran Exports 2.6mbd of Crude Oil. Gas Condensates in June
The average price of Iranian oil since the beginning of the current year has been over 66 dollars per barrel.
Read More »Trump’s Oil Diplomacy Won’t Fix Supply Fears amid Iran Squeeze
Trump tweeted on Saturday that he’d gotten an agreement from Saudi Arabia’s King Salman to boost output.
Read More »Iran to Let Private Sector to Export Oil to Help Beat U.S. Sanctions
Iranian crude will be offered on the bourse and the private sector can export it.
Read More »Saudi Arabia not Capable of Raising Oil Output
Saudi Arabia cannot add 2mn bpd to the oil market.
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