Washington openly opposes the construction of the Nord Stream-2 pipeline and is trying to block this project.
Read More »Oil Stable as U.S.-China Trade Dispute Weighs
OPEC-member Iran has exported around 2.5 million barrels per day of crude oil so far this year.
Read More »Iraq`s SOMO to JV with China`s Zhenhua to Boost Crude Sales
China is under the pressure to cut oil purchases from Iran.
Read More »Some Refineries would be Hit by a Halt in Iran Oil Buying
Sinopec expects its crude oil output to remain stable over next three years.
Read More »S. Korea Petrochemical Firm to Replace Iranian Oil
South Korean refiners and petrochemical producers suspended shipments of Iranian crude and condensate in July.
Read More »Venezuela Takes Desperate Measures to Support Economy
Venezuela is coping with one of the worst economic disasters in the world.
Read More »Iran`s Non-Oil Exports from South Pars Rise 23 Percent
Non-oil exports from Iran’s South Pars. the world’s largest gas field. rose 23 percent over the past year.
Read More »Brent Crude Likely to Trade $70-$80 per Barrel
According to analysts. Iran’s crude oil exports have fallen sharply due to US sanctions.
Read More »Iran Oil Exports Lower
Oil prices rose on Friday. supported by signs that US sanctions on Iran are already reducing global crude supply.
Read More »Some OPEC Members Act in Accordance with U.S. Policy
Trump’s administration is pushing allies to cut imports of Iranian oil to zero.
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