Iranian Foreign Minister Mohammad Javad Zarif. in a meeting with his Turkish counterpart Mevlut Cavusoglu in the central city of Isfahan. said that his country is ready to significantly increase the volume of trade with Turkey.
Read More »China Buys Iran`s LPG Despite Sanctions
The predicament of the Chinese buyers underscores how the White House’s aggressive trade and foreign policy is disrupting global commodity flows.
Read More »Oil Heads for Weekly Rise as US-Iran Tensions Worsen
Oil in London headed for its biggest weekly gain since February as escalating tensions between the U.S. and Iran fanned fears of conflict that would disrupt energy supplies from the Middle East.
Read More »Russia. India Discuss IPI Gas Agreement
Russia is currently discussing signing a memorandum with India on the Iran-Pakistan-India (IPI) gas pipeline project.
Read More »Oil Prices Jump 5% on US-Iran Tensions
Concern about slowing economic growth and a US-China trade dispute has pulled oil lower in recent weeks.
Read More »Europe Required to Buy Iran’s Crude
Europe is duty-bound to purchase Iranian crude to keep the nuclear deal alive. reminding that the European'.s offered INSTEX mechanism requires financing that should happen through crude revenues.
Read More »Uncertain OPEC Should Keep Current Cuts Flat
OPEC nations may be at odds with each other. but all they need to do is extend their current crude oil cutbacks through the end of the year to help keep the market relatively balanced. according to a new report.
Read More »Iran’s Energy Minister Praises Tehran-Moscow Deal
Iranian Energy Minister Reza Ardakanian said that Tehran and Moocow reached very good and effective agreements during intensive talks between the two countries'. ministers and traders in the past 3 days.
Read More »New MoU to Facilitate Iran-Russia Shared Use of Oil. Gas Equipment
A senior Iranian petroleum ministry official announced on Tuesday that based on a new Memorandum of Understanding (MoU) between Tehran and Moscow. the two countries can use each others'. oil and gas industry equipment.
Read More »Crude Oil Futures Steady as more Clarity Emerges on OPEC Meet
The OPEC meeting comes at a time of heightened geopolitical tensions in the Middle East.
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