Thursday, March 28, 2024

Iran oil

Iran Dismisses Reports of Drop in Oil Sales

The oil minister of Iran quashed rumors about a slump in the country’s oil sales.

Purchase of Iran’s Oil Not Guaranteed by Europe: Minister

Iran’s Oil Minister Bijan Namdar Zanganeh has said that the European states have not still guaranteed the purchase of Iranian oil amid the US sanctions on the Islamic Republic’s oil industry.

Selling Oil Today More Difficult than in Wartime: Iran

Iranian Oil Minister Bijan Zanganeh says today's conditions are harder than those of the wartime, because at the time of war Iran did not have problem in oil exports.

Iran Proposes New Date for OPEC Meeting

Iran’s oil minister has disagreed with a plan to postpone an upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC), saying Iran would prefer July 10-12 if a new date is to be set for the gathering.

Abe’s Tehran Visit Reminiscent of Japan’s Historic Bypass of UK Bans

The visit of Japanese Prime Minister Shinzo Abe to Tehran amid the current heightened tensions in Iran-US relations serves as a reminder of a historic move by Japan’s government in the years after the World War II to circumvent the brutal sanctions imposed by the Great Britain on Iran’s national oil industry, an op-ed by Iranian newspaper Shargh said.

Iran Says Will Remain in OPEC, Keep Fighting US Pressure

Iran’s oil minister says Tehran is going to remain a member of the Organization for Petroleum Exporting Countries (OPEC) even though some members have joined the United States in using oil as a weapon to put pressure on Iran as one of the founders of the organization.

Iran’s Reliance on Oil Revenues Down to 30 Percent: VP

Iran’s first vice president says the country’s reliance on oil revenues has reduced significantly due to the hard efforts made over the recent years.

Iran Denies Claim It’d Stay in JCPOA If Oil Exports Guaranteed

Iran's Foreign Ministry spokesman has rejected a report by Reuters regarding the country's condition for staying in the Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).

‘US to Issue Conditional Waivers for Iraq to Maintain Business with Iran’

Iran’s Ambassador to London says the US will grant waivers to Iraq for economic cooperation with the Islamic Republic if Baghdad signs an oil deal with the US.

Impossible to Exclude Iran from Oil Market: OPEC

Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammed Sanusi Barkindo says it is not possible to exclude Iran from the oil market.

Iran to Continue Oil Exports despite US Sanction: Rouhani

Iran's President Hassan Rouhani says the country will not allow the United States to implement its decision to bring Iranian oil exports down to zero.

Iranian Cleric Bans Use of Oil Income to Meet State Expenses

A senior Iranian cleric says he believes it would be religiously not permissible to use oil revenues to meet “current and development expenses” in the country.

Iran Says Not to Let Any Country Replace It in Oil Market

The Iranian Foreign Ministry spokesman has condemned the Saudi and Bahraini governments' support for the US sanctions imposed on Iran's oil exports, saying the Islamic Republic will not allow any country to replace it in the petroleum market.

US Plan to Cut Iran’s Oil Exports Down to Zero Not Feasible: DM

Iran’s Defence Minister says the inhumane goal of the American regime to cut Iran’s oil exports down to zero is not feasible, and the Islamic Republic of Iran preserves all rights to use defensive measures against the US economic terrorism.

Negotiation with US Possible If Washington Repents: Rouhani

Iranian President Hassan Rouhani says if the United States lifts its sanctions, apologises for its unlawful measures, and shows mutual respect, it is possible to hold talks with them.

Iran to Export as Much Oil as It Desires: Leader

Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has downplayed the US’ refusal to renew sanctions waivers for the import of Iran’s crude oil, saying that the Islamic Republic will export petroleum as much as it wants.

Zarif Says Iran’s Military to Decide on Closing Strait of Hormuz

Iranian Foreign Minister Mohammad Javad Zarif says the country’s military will make the final decision on the option of closing the Strait of Hormuz, a highly important strategic location for global energy trade, in reaction to the US’ ban on the country’s oil exports.

Iran Says Its Oil Exports Will Never Plummet to Less than 1m Barrels

A senior Iranian lawmaker says despite the US decision to tighten its sanctions on Iran’s oil sector, the country’s oil exports will never decrease to less than one million barrels per day.

‘US Waivers for Iran Oil Imports Have No Credit’

The Iranian foreign ministry has dismissed the White House’s latest statement regarding its decision to stop issuing sanctions waivers for the import of Iran’s crude oil.

US to Announce End of Sanctions Waivers for Iran Oil Imports

The United States is to announce that all importers of Iranian oil will have to end their imports shortly or face US sanctions, a report says.

Iran to Close Strait of Hormuz If Its Oil Exports Stopped: IRGC

Commander of the Islamic Revolution Guards Corps (IRGC) Navy Rear Admiral Ali Reza Tangsiri said as long as Iran is able to export its oil via the Strait of Hormuz, the waterway would be open.

Persian Gulf Star Refinery Makes Iran Self-Sufficient in Petrol Production

Iranian President Hassan Rouhani on Monday inaugurated the third phase of the gas condensate plant of the Persian Gulf Star Refinery in Bandar Abbas.

Iran’s Oil Revenues Increase by 49% despite US Bans

In spite of US sanctions to bring Iranian oil exports to zero, statistics show that in the first nine months of the current Iranian year, the Islamic Republic has managed to yield $6.5 billion from crude oil sales, up 48.9% year-on-year.

Iran’s Parliament Speaker Says US Oil Sanctions on Iran Futile

The speaker of Iran’s parliament said the US has failed to cut down to zero Iran’s oil trade, in a clear defeat for Donald Trump administration in its maximum pressure campaign against Tehran.

Japan Begins Importing Oil from Iran: CBI Governor

Governor of Central Bank of Iran says after China, South Korea, India and Turkey, Japan has begun the process of importing oil from the Islamic Republic.

Latest news