The latest news and views about the Iranian oil industry
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Conservative newspaper Kayhan has called on the Iranian government to stop relying on the West and form a consortium with Russia, India and China as an alternative to cope with the West’s economic pressure.
The South Korean embassy in Tehran has rejected the groundless reports on suspending its shipments of Iranian crude oil and gas condensates in July.
Iran's Islamic Revolution Guards Corps (IRGC) says it stands ready to put in action President Hassan Rouhani's latest position that if Tehran were not able to export its crude oil through the Strait of Hormuz, no other country would be able to do so.
IRGC Quds Force Commander Major General Qassem Soleimani has thanked Iranian President Hassan Rouhani for his recent remarks on the US’ bid to cut Iran's oil exports as well as his comments on the Zionist regime of Israel.
Iranian President Hassan Rouhani has described the Iran nuclear deal as a great diplomatic achievement whose survival is in the interests of the global peace and security.
Iranian President Hassan Rouhani says it is impossible to cut Iran’s oil exports while other regional states keep exporting their oil.
Iran’s First Vice-President Es’haq Jahangiri says Washington’s claim that it will reduce Iran’s oil sales to zero by November is impossible to come true.
President Hassan Rouhani on Thursday launched the second phase of Persian Gulf Star refinery in southern province of Hormozgan.
An Iranian oil official says removing Iran’s crude oil from the market is impossible after the US said it expected oil buyers to completely cut off purchases of Iranian supplies in early November.
Iran’s Oil Minister Bijan Zanganeh says the member states of the Organization of the Petroleum Exporting Countries (OPEC) have unanimously decided to stick to their earlier agreement on oil output.