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Iran Says OPEC Must Resist Trump’s Calls for Output Changes

Iranian Oil Minister Bijan Zanganeh has called on the Organization of the Petroleum Exporting Countries to resist calls from Washington to change its output policies, saying that OPEC is not a subordinate of the White House.

“New US Sanctions on Iran Threat to Petrodollar”

US President Trump’s decision to pull the US out of the Iran nuclear deal has reinstated a number of sanctions that have put the petrodollar under threat.

Iran Cannot Be Ignored on Global Oil Market: Minister

Iran’s oil minister says the Islamic Republic is a country which cannot be ignored on the global energy market.

Iran to Ink Three Oil Deals This Month

Iran will sign three oil deals before the end of the current Persian year this month which will include operation of the fields for 20 years, Managing Director of the National Iranian Oil Company (NIOC) said on Saturday.

Iran Reliable Source of Energy for Croatia: Zarif

Iran’s Foreign Minister Mohammad Javad Zarif, in a meeting with Croatian President Kolinda Grabar-Kitarović in Zagreb, said Tehran is prepared to meet the Eastern European country’s oil and gas needs.
Oil Swap Deal between Iran, Iraq Delayed over Safety Issues

Oil Swap Deal between Iran, Iraq Delayed over Safety Issues

An oil swap plan between Iran and Iraq is facing delays due to safety problems, secretary of the Iran-Iraq Chamber of Commerce says.

Mobile App to Let Iranians Buy Car Fuel Online

A new car fueling system has been launched in Iran based on which the car owners order fuel using a mobile application and receive it wherever they are.
Iranian MP Urges Use of Alternative Currencies Instead of Greenback

Iranian MP Urges Use of Alternative Currencies Instead of Greenback

An Iranian parliamentarian says using alternative foreign currencies in international financial transactions will ease psychological pressure on the dollar market.
US Smuggling Out Syria’s Oil Resources-Turkish Website

US Smuggling Out Syria’s Oil Resources: Turkish Website

A Turkish-language website has revealed that the US forces along with the Kurdistan Workers' Party (PKK) militants are smuggling at least 17,000 barrels of oil out of Syria on a daily basis.

OPEC to Renew Oil Freeze Pact: Iranian MP

An Iranian lawmaker says the member states of Organization of Petroleum Exporting Countries have decided to renew a deal to freeze their oil output with the aim of keeping their production at the current level.

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