TEHRAN, July 22 - 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.
TEHRAN, July 18 -Oil prices were mixed on Thursday as the market struggled to digest signs of strong gasoline demand in the United States, the world’s biggest consumer of the fuel, with a statement from oil producers that they are putting more crude on the market.
TEHRAN, July 18 -The kidnapping of employees at an oil field in Libya forced the suspension of operations at a key port, though investors remain confident enough to stay active.
TEHRAN, July 17 - Iran said a recent move by Saudi Arabia to increase its production of oil despite last month’s agreement by the Organization of the Petroleum Exporting Countries (OPEC) to maintain supply limits has already put the credibility of the Organization at stake, stressing that Riyadh would be responsible for the future repercussions of this.
TEHRAN, July 16 - The United States exposed made a surprise revelation that could suggest its campaign to bring down Iran’s oil exports to zero is based on ‘miscalculations’ – as Iran had earlier warned.
TEHRAN, July 16 - Iran said US President Donald Trump’s anticipation that certain oil producers can fill the market gap created as a result of cutting off Iranian supplies is based on a “miscalculation” and that he had fallen into a trap that the same producers had created.
TEHRAN, July 15 -With a British warning for Nigeria in place, there are concerns that militancy in the oil -rich Niger Delta could upend the political climate, a researcher said.
TEHRAN, July 11 - The United States has softened its stance on new Iran sanctions after warnings that a possible face-off between the two countries would push oil prices back into the triple digits.
TEHRAN, July 11 - Libya is resuming oil exports from its eastern production heartland, its National Oil Corporation said Wednesday after a showdown between the war-torn country's rival authorities.
TEHRAN, July 11 - India’s state refiners raised Iranian oil imports in June even though overall loadings from the Islamic Republic declined in the month, reports citing new shipping data on Wednesday said.
TEHRAN, July 10 -Crude oil prices moved into positive territory Monday ahead of the start of trading in New York amid growing concerns about a supply-side deficit.
TEHRAN, July 08 - Iran’s Petroleum Minister Bijan Zanganeh said there has been no major change in the country’s production and export of crude oil despite recent threats by US President Donald Trump to halt the oil trade activities of the Islamic Republic.
TEHRAN, July 06 - South Korea is reported to have stopped importing Iran’s oil and condensate in what appears to be a temporary halt until the country obtains an exemption from US curbs on buying Iranian oil .
TEHRAN, July 05 -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.
TEHRAN, July 04 - China has no plans to cooperate with US President Donald Trump’s crackdown on the Iranian oil industry, a Chinese diplomat said Tuesday.
TEHRAN, July 03 - Iranian President Hassan Rouhani scorned as “nonsense” the US decision to drive Iran’s crude exports down to zero, saying it would be impossible to let other regional producers sell oil while blocking Iran’s exports.