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IFP Exclusive

US Sanctions on Iran; Big Test for Erdogan

IFP Editorial Staff -
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.
Media Wire

Sri Lanka Ready to Pay Its Oil Debts to Iran with Tea

IFP Media Wire -
Sri Lanka says it is considering a plan to settle payments to Iran for previous oil purchases by exporting tea to the country at equivalent values.
IFP Exclusive

Iranian Refinery Signs Contract with German Firm

IFP Editorial Staff -
The Tabriz oil refinery has reached a deal with a consortium involving Iranian and German firms to renovate its sulphur recovery unit.
IFP Exclusive

Don’t Play with Lion’s Tail, Iran’s President Tells Trump

IFP Editorial Staff -
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.
IFP Exclusive

“US Unlikely to Get Tough on Iran before November”

IFP Editorial Staff -
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.
IFP Exclusive

India Eager to Continue Buying Crude Oil from Iran: Official

IFP Editorial Staff -
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.
IFP Exclusive

“Everything Possible, Even another War in Strait of Hormuz”

IFP Editorial Staff -
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.
IFP Exclusive

“Iran’s Power Cuts Not Linked with Paris Climate Agreement”

Alireza Hashemi -
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.
IFP Exclusive

Rouhani Says It’s Impossible to Block Iran’s Oil Exports

IFP Editorial Staff -
Iranian President Hassan Rouhani says it is impossible to cut Iran’s oil exports while other regional states keep exporting their oil.
IFP Exclusive

Trump’s Bid to Bring Iran’s Oil Exports to Zero Impossible Dream

IFP Editorial Staff -
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.
IFP Exclusive

Iranian President Opens 2nd Phase of Persian Gulf Star Refinery

IFP Editorial Staff -
President Hassan Rouhani on Thursday launched the second phase of Persian Gulf Star refinery in southern province of Hormozgan.
Media Wire

“US Can Never Stop Other Countries from Buying Iran’s Oil”

IFP Media Wire -
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.
IFP Exclusive

Iran Hails OPEC’s Decision to Stick to 2016 Agreement

IFP Editorial Staff -
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.
IFP Exclusive

Iran against Boost in OPEC Crude Oil Output: Minister

IFP Editorial Staff -
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.  
IFP Exclusive

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

IFP Editorial Staff -
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.
IFP Exclusive

“New US Sanctions on Iran Threat to Petrodollar”

IFP Editorial Staff -
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.
IFP Exclusive

Iran Cannot Be Ignored on Global Oil Market: Minister

IFP Editorial Staff -
Iran’s oil minister says the Islamic Republic is a country which cannot be ignored on the global energy market.
Media Wire

Iran to Ink Three Oil Deals This Month

IFP Media Wire -
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.
IFP Exclusive

Iran Reliable Source of Energy for Croatia: Zarif

IFP Editorial Staff -
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.
Media Wire

Oil Swap Deal between Iran, Iraq Delayed over Safety Issues

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

Mobile App to Let Iranians Buy Car Fuel Online

IFP Editorial Staff -
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.
IFP Exclusive

Iranian MP Urges Use of Alternative Currencies Instead of Greenback

IFP Editorial Staff -
An Iranian parliamentarian says using alternative foreign currencies in international financial transactions will ease psychological pressure on the dollar market.
IFP Exclusive

US Smuggling Out Syria’s Oil Resources: Turkish Website

Fatemeh Askarieh -
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.
IFP Exclusive

OPEC to Renew Oil Freeze Pact: Iranian MP

IFP Editorial Staff -
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.
IFP Exclusive

Iran Says Trump’s Oil Embargo Violates Nuclear Deal

IFP Editorial Staff -
A senior Iranian lawmaker says US President Donald Trump’s recent remarks about an embargo against Iran’s crude oil lack legal credibility and violate the nuclear deal between Tehran and world powers.
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