Iran oil

Iran Says US Shows ‘Some Flexibility’ on Easing Oil Bans

Iran’s Deputy Foreign Minister for Political Affairs Seyyed Abbas Araqchi says the US has shown some "flexibility" regarding the easing of Iran oil sanctions during a recent meeting with the French president.

US Sanctions Iranian Tanker Adrian Darya 1, Its Captain

The United States has blacklisted the Iranian-operated supertanker Adrian Darya 1 and sanctioned its captain, according to the US Treasury Department.

New Oil Reserves Found in South-Western Iran

Iran has discovered new oil reserves in the southwestern Dezful region, the National Iranian Oil Company Exploration Directorate (NIOCEXP) says.

UK Says Iran Must Be Allowed to Sell Its Oil

The United Kingdom’s Ambassador to Tehran Rob Macaire says the Islamic Republic must be allowed to sell its crude oil despite the US sanctions, and London supports the country in doing that.

Iran Thanks Saudis for Releasing Oil Tanker, Helping Injured Sailor

Iran’s Foreign Ministry spokesman has appreciated Saudi, Omani, and Swiss officials for their cooperation to secure the release of an Iranian oil tanker from Saudi Arabia’s Jeddah and the repatriation of an injured Iranian sailor who was hospitalized in the kingdom’s Jizan.

Iranian MP: No Place for Oil in Next Year’s Budget

A senior Iranian lawmaker has unveiled plans to free the country’s budget in the coming year from the share of petrodollars.

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

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.

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

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.

Iran Denies Attempting to Stop British Oil Tanker in Persian Gulf

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.

‘Britons Initiated Insecurity’, Iran President Warns UK

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

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

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.

Swedish Ex-Leader Disputes UK Capture of Iranian Oil Tanker

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.

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

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.

Oil Tanker Seized by UK Not Bound for Syria: Iran

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.

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

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.

Iran Summons UK Envoy over Oil Tanker Seizure

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

Saudi Arabia Demanding ‘Ransom’ to Let Iran Ship Go

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

Iran Says Exempted from OPEC Output Cut Deal

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.

Oil Minister: INSTEX Must Provide Iran’s Petrodollars

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.

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

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.

Iran Dismisses Reports of Drop in Oil Sales

The oil minister of Iran quashed rumors about a slump in the country’s oil sales.

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

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.

Selling Oil Today More Difficult than in Wartime: Iran

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.

Iran Proposes New Date for OPEC Meeting

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.

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

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.

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