Trump's Iran sanctions will have opposite effect
Trump’s Magical Thinking on Iran Sanctions Won’t Advance U.S. Interests.
Foreign Policy reports that far from convincing Tehran to cooperate, new U.S. measures are on track to achieve the exact opposite.
Rouhani: We made the US understand that we will sell our oil
The Iranian President has said: “The Petroleum Ministry of Iran made the Americans understand that we will sell our oil no matter what they do. There are so many paths open to us that their sanctions will not work.”
Ghasemi: Bolton suffers from the “Abuse Iran” syndrome
Iran’s Foreign Ministry Spokesperson had responded to John Bolton’s latest comments, saying: “John Bolton has always shown his deepest contempt for Iran from old times. He has an abnormal behavior and suffer from a chronic “Abuse Iran” syndrome.”
Japan envoy stresses import of oil from Iran
Japan's ambassador to Iran on Tuesday underlined continuation of import of crude oil from Iran.
Iranian firms in Baghdad expo, Saudis steer clear
While Saudi Arabia courted Iraqi leaders behind closed doors at the weekend, its arch-foe Iran made a more public showing by turning out at the Baghdad International Fair, a shop window for business in Iraq, reports Reuters.
Why Iranian port is exempted from sanctions
A port in Chabahar, Iran’s southernmost city, was exempted by Secretary of State Mike Pompeo from sanctions, which he called “the toughest ever put in place”, in a move to help a US ally. India has been developing the port since 2003 in a strategic bid to link to Central Asia through Iran and Afghanistan while bypassing its neighbor and rival Pakistan.
Iran responds to US threats of Iranian oil tankers
Iran's armed forces will protect Iranian oil tankers against any threats, an Iranian military official said on Monday, after the United States said the ships were a "floating liability" and warned ports operators not to allow them to dock.
Impact of Iran oil sanctions on prices
Donald Trump has announced he is exempting eight countries from Iran oil sanctions to prevent a price spike which may reach 100dbp if the sanctions are implemented too quickly.
0.7mb of crude oil traded at IRENEX
A total of 700,000 barrels of crude oil was traded at the Iran Energy Exchange (IRENEX) during the Sunday session of the market.
India welcomes US exemptions on Iran oil purchase despite sanctions
India welcomes the United States' decision to grant exemptions to the country to continue the import of Iranian crude oil despite re-imposition of sanctions on Iran, saying New Delhi is examining the details of the waivers.
iran’s oil buyers continue imports
Iran’s oil buyers will continue import after the United States exempted several countries from illegal sanctions reimposed on Tehran following its unilateral withdrawal from the 2015 nuclear agreement.
South Korea preparing for oil imports from Iran
South Korea announced that its major oil and energy companies are planning to resume imports of crude oil, especially light petroleum from Iran after obtaining US sanctions exemptions.