Iran oil

Russia Says US’ Bid to Cut Iran’s Oil Exports to Zero Not Feasible

Russian Deputy Foreign Minister Sergei Ryabkov said he believes it is not possible for the “unrealistic” US to bring down Iran’s oil export to zero, as Washington is almost isolated internationally on this particular issue.

Indian Refiners Allowed to Import Crude Oil Using Iranian Tankers, Insurance

India is allowing state refiners to import Iranian oil with Tehran arranging tankers and insurance after firms including the country’s top shipper Shipping Corp of India halted voyages to Iran due to US sanctions, sources said.

Iran Waiting for EU to Guarantee Continued Oil Sales, Banking Ties: FM

Iran’s Foreign Minister Mohammad Javad Zarif says Tehran is still waiting for the European Union’s measures to guarantee the continued sale of Iran’s crude oil and maintaining banking ties with the bloc despite the US bans.

US Will Desperately Grant Waivers on Iran Oil Bans: Analyst

Seyyed Mehdi Hosseini, a former deputy oil minister and an energy expert, says the US has no way but to grant sanction waivers to Iran’s oil customers.

France’s Total Officially Withdraws from Iran’s South Pars Gas Project

Iran’s Petroleum Minister Bijan Zanganeh says French energy giant Total has officially left the country, ending speculations over whether it would stay to finish a gas project following the return of US sanctions against the Islamic Republic.

IRGC Confirms Reports of Holding Naval Drill in Persian Gulf

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.

Iran, Sri Lanka Discuss Promotion of Energy Ties

Iran’s Foreign Minister Mohammad Javad Zarif and his Sri Lankan counterpart have conferred on expansion of bilateral ties between the two countries in various fields, especially in energy.

“Keeping Strait of Hormuz Open Hinges on Iran’s Interests”

Iran's Navy commander Rear Admiral Hossein Khanzadi says Iranian maritime forces will continue to secure free navigation in the Strait of Hormuz, but keeping the Strait open depends on the interests of Iran.

“Iran to Reciprocate If Its Interests Jeopardized by Enemies”

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.

Saudi Arabia Suspends Oil Exports via Bab el-Mandeb Strait

Riyadh has temporarily suspended all oil shipments through the Bab el-Mandeb Strait after Yemen’s Houthi Ansarullah movement launched retaliatory attacks on a Saudi warship and a vessel operated by the Riyadh-led coalition waging war the Arabian Peninsula state.

Iran Can Block Global Oil Exports Whenever It Wants: IRGC

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.

“Iran to Use All Its Tools, Resources to Foil US’ Oil Plot”

Iran’s Foreign Ministry Spokesman Bahram Qassemi says the United States’ claim that it will bring Iran’s oil exports to zero is just an exaggeration and empty rhetoric, and Tehran will do its utmost to thwart the plot.

“Trump Trying to Save Saudi Economy by Stopping Iran’s Oil Exports”

An Arab news website says the US President’s bid to halt Iran’s oil exports are mainly aimed at salvaging Saudi Arabia’s sluggish economy.

“Iran Must Form Consortium with Russia, China, India to Resist US Sanctions”

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.

South Korea Rejects Reports on Stopping Oil Imports from Iran

The South Korean embassy in Tehran has rejected the groundless reports on suspending its shipments of Iranian crude oil and gas condensates in July.

IRGC Prepared to Put into Action Rouhani’s Threat on US Oil Bans

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.

General Soleimani Praises Rouhani’s “Timely, Wise” Remarks

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.

Iran Nuclear Deal Key to Global Peace, Security: Rouhani

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.

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

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

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

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.

Iranian President Opens 2nd Phase of Persian Gulf Star Refinery

President Hassan Rouhani on Thursday launched the second phase of Persian Gulf Star refinery in southern province of Hormozgan.

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

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 Hails OPEC’s Decision to Stick to 2016 Agreement

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 against Boost in OPEC Crude Oil Output: Minister

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.  

Russia to Make $50 Billion Investment in Iran’s Oil Industry

Russian officials have officially expressed their intention to make a $50 billion investment in Iran’s oil industry, a media report says.

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