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Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.
Read More »New US Sanctions on Iran Aren`t Likely To Have a Significant Impact
Saudi Arabia Ready to Lessen Impact of Iran Oil Sanctions
After the last round of sanctions were announced in 2011. Saudi Arabia boosted its production.
Read More »President Rouhani Visits Iran int`l Oil Show
Over 1.053 domestic and 600 foreign companies from 37 countries are attending the three-day event.
Read More »Oil Market Strengthen as Trump Threatens Iran Deal Exit
Iran appears to be ramping up its oil exports ahead of the likely sanctions.
Read More »Iranian Tanker Disaster Investigation Ends in Split Verdict
The Sanchi was carrying the equivalent of nearly 1 million barrels of ultra-light crude. plus its own fuel. to South Korea.
Read More »Iran Raises Gasoline Production by 24 Percent
Marubeni is a major Japanese integrated trading and investment business conglomerate that handles products and provides services in a broad range of sectors.
Read More »Total Risks Losing Gas Field Stake to CNPC If It Quits Iran
Total has spent $90 million to help develop the offshore field and won’t be compensated before production begins.
Read More »Iranian. Russian Oil. Gas Companies to Hold Meeting on May 8
Iran Oil Show 2018 is running during May 6-9 at the Tehran Permanent International Fairgrounds.
Read More »Deadly Sanchi Tanker Tragedy Blamed on `Human Error`
Sanchi was carrying 36.000 tonnes (almost one million barrels) of condensate.
Read More »Minister: We are not Advocate of High Oil Prices
Iran has always been seeking reasonable prices for oil which will encourage the producers to produce more oil and therefore stop the global market from destabilization.
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