The oil market will not react to the statement of US President Donald Trump about Washington'.s new policy toward Tehran.
Read More »Trump Just Made Iran a Wildcard
A potential military confrontation in the Arab Persian Gulf should not be ruled out. It will unquestionably block oil and gas lanes. and spike oil prices to unknown levels.
Read More »Shell Talks on Possible Role in Iran’s Oil Industry
Iranian oil ministry is preparing to hold a tender for the development of Azadegan oil field over the current year.
Read More »Civil War Looms in Iraq as Kurds Reinforce Oil-Rich Kirkuk after Rumors of Attack
Thousands of heavily armed Pehsmerga units are now completely in their positions around Kirkuk.
Read More »IAEA Stresses Confidentiality of Iran Data. Rejects Criticism
Amano reaffirmed that his agency would keep performing its specified duties in a professional manner.
Read More »Trump’s Shifting Argument Against the Iran Deal
US’ European allies. including England and Germany. have forcefully defended the Iran deal.
Read More »Iran Prevents Exports of 13.000 Tons of Fuel to Iraqi Kurdistan Region
The organization has communicated the order to all the related companies since Wednesday. September 27.
Read More »Iran Pledges to Sustain Oil Exports Despite Trump`s Threat
Iran also plans to introduce its new heavy crude grade from the West Karoun oil field as soon as six months from now.
Read More »What Happens If Trump Trashes the Iran Nuclear Deal?
Iran currently produces about 3.8 million barrels per day (mb d) and exports about 2.2 mb d. plus 400.000 bpd of condensate.
Read More »China Limits Oil Exports to N. Korea. Bans Textile Imports
North Korea also produces coal. exporting some US$1.2 billion of this to China last year.
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