The latest news and views about energy market
Tag: Energy Market
Reduction of Iran’s Commitments Meant to Save Nuclear Deal
Iran’s recent move to stop implementing some of its commitments under the 2015 nuclear deal with world powers is indeed meant to save the deal, not to kill it.
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.
Saudi Pipeline’s Operation Stopped after Yemen Drone Attacks
Saudi Arabia says it has halted oil pumping on its major east-west pipeline following drone attacks claimed by Yemen’s Ansarullah movement.
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 Trying to Get Its Hands on Venezuela’s Oil: Iran
Iran’s parliament speaker says the United States seeks to get its hands on Venezuela’s oil riches by creating instability in the country.
‘Bahrain Must Know Its Place Before Threatening Iran’
Iranian Foreign Ministry Spokesman Seyyed Abbas Mousavi has downplayed the Bahraini foreign minister’s seemingly threatening remarks that Iran will not be allowed to close the Strait of Hormuz even for a single day.
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.
‘Iraq in Limbo to Choose between Iran, US’
An Iranian analyst says Iraq is now faced with a difficult choice between Iran and the US because the power balance it had created over the past years to establish ties with both sides is no longer feasible.
Iraq Says to Keep Importing Iran’s Gas, Power despite US Bans
Iraq is set to maintain and even increase its natural gas and electricity imports from Iran to meet the extreme summer demand, defying the US’ move to stop issuing sanctions waivers for the countries that import energy from Iran.
