Iran oil

The latest news and views about the Iranian oil industry

IFP Exclusive

Nothing Would Stop Iran’s Oil Export, Zarif Tells Hunt

IFP Editorial Staff -
Iranian Foreign Minister Mohammad Javad Zarif has made it clear for his UK counterpart that Tehran will keep on exporting oil under any conditions, urging London to secure the release of Iran’s oil tanker as soon as possible.
IFP Exclusive

UK Says to Release Iranian Oil Tanker If Not Destined for Syria

IFP Editorial Staff -
UK Foreign Secretary Jeremy Hunt says the release of an Iranian supertanker that his country has captured near Gibraltar would be conditional on a guarantee that the vessel will not go to Syria.
IFP Exclusive

Iran Denies Attempting to Stop British Oil Tanker in Persian Gulf

IFP Editorial Staff -
Iran’s Islamic Revolution Guards Corps, the IRGC, has denied the UK's claim that Iranian speedboats tried to seize a British oil Tanker in the Persian Gulf in reaction to the recent seizure of an Iranian supertanker in Gibraltar.
IFP Exclusive

‘Britons Initiated Insecurity’, Iran President Warns UK

IFP Editorial Staff -
Iranian President Hassan Rouhani has warned the United Kingdom about the consequences of its recent move to seize an Iranian supertanker in Gibraltar.
IFP Exclusive

Iran’s Top General Warns of Due Response to UK Tanker Seizure

IFP Editorial Staff -
Chief of Staff of the Iranian Armed Forces Major General Mohammad Baqeri has warned that the Islamic Republic will respond to the UK's seizure of an Iranian oil tanker in Gibraltar in due time.
IFP Exclusive

Swedish Ex-Leader Disputes UK Capture of Iranian Oil Tanker

IFP Editorial Staff -
A former prime minister of Sweden has questioned the legality of seizure of an Iranian oil tanker by the UK, stressing that the non-EU states are not subject to the European sanctions.
Media Wire

UK Seizure of Iran Tanker: Outright Theft with No Legal Justification

IFP Media Wire -
Seizing the oil tanker Grace 1 is a new event that has heated up the tension between Iran and the United States, but it can also be related to the current disagreements between United Kingdom and the European Union.
IFP Exclusive

Oil Tanker Seized by UK Not Bound for Syria: Iran

IFP Editorial Staff -
Iran says the supertanker carrying its oil sailing in international waters in the Strait of Gibraltar was not bound for Syria, and the UK was not allowed to seize it.
Media Wire

‘Iran Must Seize UK Oil Vessel If Tanker Not Released’

IFP Media Wire -
A senior Iranian official has called for the seizure of a British oil tanker in case London refuses to release the Iranian vessel it has illegally detained in Gibraltar.
IFP Exclusive

Iran Summons UK Envoy over Oil Tanker Seizure

IFP Editorial Staff -
Iran’s Foreign Ministry has summoned the British ambassador to Tehran after a tanker carrying Iranian oil was seized in Gibraltar.
IFP Exclusive

Saudi Arabia Demanding ‘Ransom’ to Let Iran Ship Go

IFP Editorial Staff -
Iran says Saudi Arabia is refusing to allow an Iranian oil tanker leave the port of Jeddah, demanding what it calls 'ransom money'.
Media Wire

Iran Says Exempted from OPEC Output Cut Deal

IFP Media Wire -
Iranian Oil Minister Bijan Namdar Zanganeh hailed a Tuesday meeting of the Organization of the Petroleum Exporting Countries (OPEC) as “good” and said the Islamic Republic was again exempted from the oil output restrictions.
IFP Exclusive

Oil Minister: INSTEX Must Provide Iran’s Petrodollars

IFP Editorial Staff -
The financial channel that the European parties to the 2015 Iran nuclear deal have set up to maintain trade with Iran, known as INSTEX, would be pretty useless if it does not supply Iran with its petrodollars, the country’s oil minister has said.
IFP Exclusive

Iran’s Oil Exports on Rise Despite US Sanctions: Official

IFP Editorial Staff -
The Governor of the Central Bank of Iran says the Islamic Republic has successfully conquered the peak of resistance and the exports of Iran’s oil is on the rise despite the US bid to bring them down to zero.
Media Wire

Iran Dismisses Reports of Drop in Oil Sales

IFP Media Wire -
The oil minister of Iran quashed rumors about a slump in the country’s oil sales.
IFP Exclusive

Purchase of Iran’s Oil Not Guaranteed by Europe: Minister

IFP Editorial Staff -
Iran’s Oil Minister Bijan Namdar Zanganeh has said that the European states have not still guaranteed the purchase of Iranian oil amid the US sanctions on the Islamic Republic’s oil industry.
IFP Exclusive

Selling Oil Today More Difficult than in Wartime: Iran

IFP Editorial Staff -
Iranian Oil Minister Bijan Zanganeh says today's conditions are harder than those of the wartime, because at the time of war Iran did not have problem in oil exports.
IFP Exclusive

Iran Proposes New Date for OPEC Meeting

IFP Editorial Staff -
Iran’s oil minister has disagreed with a plan to postpone an upcoming meeting of the Organization of the Petroleum Exporting Countries (OPEC), saying Iran would prefer July 10-12 if a new date is to be set for the gathering.
IFP Exclusive

Abe’s Tehran Visit Reminiscent of Japan’s Historic Bypass of UK Bans

IFP Editorial Staff -
The visit of Japanese Prime Minister Shinzo Abe to Tehran amid the current heightened tensions in Iran-US relations serves as a reminder of a historic move by Japan’s government in the years after the World War II to circumvent the brutal sanctions imposed by the Great Britain on Iran’s national oil industry, an op-ed by Iranian newspaper Shargh said.
IFP Exclusive

Iran Says Will Remain in OPEC, Keep Fighting US Pressure

IFP Editorial Staff -
Iran’s oil minister says Tehran is going to remain a member of the Organization for Petroleum Exporting Countries (OPEC) even though some members have joined the United States in using oil as a weapon to put pressure on Iran as one of the founders of the organization.
IFP Exclusive

Iran’s Reliance on Oil Revenues Down to 30 Percent: VP

IFP Editorial Staff -
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.
IFP Exclusive

Iran Denies Claim It’d Stay in JCPOA If Oil Exports Guaranteed

IFP Editorial Staff -
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).
IFP Exclusive

‘US to Issue Conditional Waivers for Iraq to Maintain Business with Iran’

IFP Editorial Staff -
Iran’s Ambassador to London says the US will grant waivers to Iraq for economic cooperation with the Islamic Republic if Baghdad signs an oil deal with the US.
IFP Exclusive

Impossible to Exclude Iran from Oil Market: OPEC

IFP Editorial Staff -
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.
IFP Exclusive

Iran to Continue Oil Exports despite US Sanction: Rouhani

IFP Editorial Staff -
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.
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