Tag Archives: Persian Gulf

An ideological affiliate of India’s governing has now come out and advised Prime Minister Narendra Modi to reconsider New Delhi’s decision. to ignore US demands not to purchase oil from Iran as it would represent a strategic setback for India.

Iranian oil minister Bijan Zanganeh said Sat. the France-proposed $15 billion credit line for Iran has nothing to do with the easing of US sanctions on the country.

Saudi oil facilities as well as foreign tankers in and around the Persian Gulf have been the target of several attacks over the past year.

Iranian Oil Minister Bijan Zanganeh said that US sanctions have failed to stop Iran’s oil industry.

Saudi Aramco describes its Abqaiq oil processing facility there as ".the largest crude oil stabilization plant in the world.".

Iran will give further momentum to privatization process with handing over authority over small ports to the private sector. in a bid to boost shipping activities to offset the impacts of US sanctions on trade. according to a senior maritime official.

An Iranian company won the contract for the development of Balal Gas Field in the Persian Gulf. a senior oil official said.

The Iranian naval border guards detained several Filipino nationals in the country'.s territorial waters who were smuggling fuel from Iran.

The US State Department is openly using organized crime tactics. including bribery and extortion. in an effort to bend Iran to its will after its allies refused to join a coalition to police the Persian Gulf.

The contents of the deal are unchangeable and all parties and signatories to it need to be committed to its contents.