The spokesman for Iran’s IRGC confirmed on Sunday that Iranian forces have successfully staged a drill in Persian Gulf earlier this week, saying the maneuver was carried out as part of the IRGC’s annual schedule.
An IRGC commander says it will be “natural” for Iran to respond if the US tries to the bully the country and carry out its threat to cut down Tehran’s oil exports.
IRGC Chief-Commander Major General Mohammad Ali Jafari has warned the US of the consequences of its efforts to cut Iran’s oil exports, saying that all oil transportation passageways are within Iran’s reach.
The Trump administration is engaged in intensive talks to persuade its European, Asian, and Middle Eastern allies to go along with US sanctions on Iran in a bid to increase pressure on Tehran, but it has yet to convince Turkey, a very important player in the region, to comply with its decision.
Iranian President Hassan Rouhani has advised his US counterpart not to play with fire by voicing frequent threats against the Iranian nation, amid an escalating war of words between Tehran and Washington.
Analysts believe the US is unlikely to become strict with Iran before the by-elections of the US Congress in November given the dire consequences of a possible hike in oil prices.
Iran’s Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi says Indian officials have expressed their interest in buying Iran’s crude oil despite the US sanctions.
A former US official says an American war against Iran is likely at this point in time, and that it would be naïve to think Washington would never do that.
An Energy Ministry official has rejected claims by opponents of the Rouhani administration that the recent power shortage across the country is a result of Iran’s fulfilment of its obligations under the Paris Climate Agreement.
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.
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.
Iran’s petroleum minister says the country sees no need for the OPEC member states to boost their oil production, as Tehran believes the recent hike in global oil prices has its roots in political tensions and not any imbalance in the market.
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.
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 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’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.
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.
An Iranian parliamentarian says using alternative foreign currencies in international financial transactions will ease psychological pressure on the dollar market.
