Iran Foreign Ministry spokesman, Abbas Mousavi on Tuesday, said it towed a foreign oil tanker in the Gulf that was having technical difficulties and had called for help. Mousavi, said the tanker would be repaired ...
Iranian oil Minister Bijan Zanganeh said on Wednesday that Europe was not cooperating with Tehran to buy its oil in the face of U.S. sanctions against Iran’s energy sector. “The Europeans are not cooperating to ...
Syria received its first foreign oil supplies for six months recently, with the arrival of two shipments including one from Iran, a source familiar with Iranian oil shipments said, easing the war-torn country’s fuel crisis. ...
World oil prices jumped to near six-month highs on Tuesday as the United States tightened sanctions on Iran, sending shares of energy companies higher and boosting currencies of several major crude producers. Brent crude oil ...
Oil edged up on Thursday amid ongoing OPEC-led supply cuts and U.S. sanctions against exporters Venezuela and Iran, although prices were prevented from rising further by record U.S. crude output and rising commercial fuel inventories. ...
Germany, France and Britain have officially set up a European mechanism to facilitate non-dollar trade with Iran and circumvent U.S. sanctions, two diplomats said on Thursday. The EU has been preparing the system, in effect ...
Oil prices rose on Monday as U.S. sanctions against Iran’s fuel exports began but were softened by waivers allowing major buyers to import Iranian crude for a while. Tehran said that it would defy Washington ...
Oil is likely to stay above $75 a barrel fueled by supply disruptions exacerbated by U.S. sanctions on Iran. However, further gains could be limited as economists and analysts see demand growth slowing next year ...
Oil prices rose on Tuesday on growing evidence of falling crude exports from Iran, OPEC’s third-largest producer, before the imposition of new U.S. sanctions and a partial shutdown in the Gulf of Mexico due to ...
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