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China buys the largest share of Iranian oil. and most of the rest is sold to the other top Asian consumers.
Read More »China Reassures Tehran on Honoring Nuclear Deal. Buying Iranian Oil
Saudi Arabia. Other Producers to Ensure Market Stability amid Iran Sanctions
The US decision sent oil futures surging Wednesday as traders digested the likely consequences.
Read More »Oil Biggest Weekly Rise in a month as Iran Sanctions Loom
Saudi Arabia is ready to offset any supply shortage but it will not act alone to fill the gap.
Read More »India may not Cut Oil Imports from Iran
Experts believe that the US move would bring uncertainty to prices.
Read More »Leaving Iran Deal has a Long Term Implication on Oil Price
Former Shell Oil President John Hofmeister said leaving the Iran nuclear deal carries long-term implications on the price of oil.
Read More »Oil could Breach $80 Due to Trump’s Iran Sanctions
Iran is one of the world’s largest oil producing countries.
Read More »US Exit from Iran Deal may Affect Korea`s Oil Imports
Experts say the fresh U.S. sanctions could affect Korean companies seeking to do business and invest in infrastructure and development projects in Iran.
Read More »As Trump Pulls Out of Iran Deal. Asia Mulls Impact on Oil Supplies
During the last round of sanctions. Iran'.s oil supplies fell by around 1 million barrels per day (bpd).
Read More »Oil Tops $70 as Supply Optimism Overshadows Iran Deal
Ahead of official numbers. API data shows sizable declines in US crude inventories.
Read More »New US Sanctions on Iran Aren`t Likely To Have a Significant Impact
Trump’s decision ``also entails some economic policy challenges in the form of potentially higher oil prices.
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