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iran oil
Iran Carefully Watching Next Saudi-Russian Oil Move
Iran is carefully monitoring the next steps by some OPEC members and their allies which have “arbitrarily” ramped up oil production, leading to a crash in prices.
Japan Urges US Not to Hurt Iran Trade
Japan's Finance Minister Taro Aso has pressed his US counterpart Steven Mnuchin to ensure Japanese firms are not hurt by Washington's sanctions on Iran, Kyodo news agency reported Friday.
Russia Says Halting Iran’s Oil Sales ‘not Feasible’
Russia says US efforts to bring down Iran’s oil exports to zero would lead to nothing with a top official describing Washington’s objectives in pursuing sanctions against Iran as “unrealistic.”
Japan Still after Exemption from US Boycott for Iran Oil
Japan's oil wholesalers have repeated their demand, during the past three months, for being exempted from the sanctions imposed by the United States against imports of Iran's crude oil.
Japan Eager to Buy Iran Oil
Deputy Prime Minister Tarō Asō referred to US sanction on Iran oil, and said that Japan is after buying Iranian oil and being exempted from oil sanctions.
Chinese Sinopec Suspends Oil Import from US
China's major oil giant has paused importing oil from the US due to escalation of trade war between the two countries, a Chinese daily reported on Saturday.
China Rejects US Request to Cut Iran Oil Imports
China has rejected a US demand to cut Iranian oil imports despite Washington’s attempts to bring down the Islamic Republic's oil sales to zero, Bloomberg reports.
US 'Doesn't Know What it's Doing in Iran Backyard'
Iranian Foreign Minister Mohammad Javad Zarif has criticized the presence of American military forces in the Persian Gulf and has questioned why US forces are “in Iran's backyard” some 7,000 miles away from home.
Trump ‘Taken Hostage’ by Saudis on Iran Oil Sanctions
Iran’s OPEC governor says US President Donald Trump has apparently been duped by Saudi Arabia into believing that the kingdom can replace Iranian barrels cut from the market.
India Imports 50% More Iran Oil from a Year Ago
Indian refiners imported around 50% more Iranian oil in June than a year ago, the country’s Oil Minister Dharmendra Pradhan has said ahead of the first set of US sanctions against Tehran taking effect in a week.
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