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.
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.
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.
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.
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 is investing efforts to maintain its oil production and exports at current levels following the US pull-out from the nuclear pact that is to restore US anti-Iran sanctions, the petroleum minister said.
EU Commissioner for Energy and Climate Miguel Arias Canete says Iran and the EU will form a joint working group to address challenges confronting Iran’s oil trade.
The British consortium Pergas has signed the first international oil contract with Iran after US President Donald Trump unilaterally withdrew the US from the Iran nuclear deal.
Iranian Oil Minister Bijan Zanganeh says if French energy giant Total decides to exit the Iran South Pars 11 (SP11) gas field development, a Chinese company is ready to replace it.
After long debates over the naming of an important part of Tehran after Iran’s most famous prime minister, the City Council finally changed Tehran’s Naft (oil) street to Mohammad Mosaddeq, the man who nationalized Iran’s oil industry.
Iranian Foreign Minister Mohammad Javad Zarif and his Senegalese counterpart Sidiki Kaba have conferred on expansion of bilateral ties in various fields, particularly oil and gas cooperation.
