TEHRAN, Jun 20 - Oil prices have surged more than three percent to above $63 a barrel after Iran shot down an intruding American spy drone in southern parts of the country.
TEHRAN, November 09 - The impacts of fresh US sanctions on Iran have been cushioned by high oil prices and Washington’s international isolation, with Tehran being better placed to weather the storm, a Reuters analysis says.
TEHRAN, October 17 - Iran’s Minister of Petroleum Bijan Zangeneh said there is no spare capacity left for oil producers to pump more, dismissing US President Donald Trump’s pressure on OPEC to ramp up output to bring down prices.
TEHRAN, October 15 - Iran said it has no concerns over the potential impacts of returning US sanctions on its oil exports given that it is already selling its crude oil higher than the price tag it has set in its annual budget plan.
TEHRAN, September 27 - Iran’s Minister of Petroleum Bijan Zangeneh says President Donald Trump is behind the current oil price spike, dismissing the US president’s attack on OPEC in his controversial address to the UN on Tuesday.
TEHRAN, September 24 - US President Donald Trump's tweeting habits are lifting oil prices, and he should stop posting on social media to alleviate the spike in prices, according to an Iranian official.
TEHRAN, July 06 - Iran has warned that the strong rhetoric by US President Donald Trump against it and other oil producers could soon push up crude prices to as high as $100 per barrel.
TEHRAN, July 04 - Looming sanctions on Iran coupled with reports of tightening US fuel inventories continue to drive oil prices higher, with Brent crude futures trading over $78.10 per barrel on Wednesday.
TEHRAN, June 14 - Iran says the hostile policies of US President Donald Trump are to blame for the rising prices of crude oil in international markets, rejecting his Wednesday attack against the Organization of the Petroleum Exporting Countries (OPEC) for the current supply situation.
TEHRAN, May 7, YJC - Iran has refreshed its consent with the price of oil around $55 per barrel with the country’s Petroleum Minister Bijan Zanganeh stressing that there is already a consensus among producers to keep the prices at the same level by extending the current production cuts.
SINGAPORE, Jan 7, 2015 (AFP) - The plunge in crude prices will give a much-needed boost to Asia's oil-guzzling economies and provides governments a "golden opportunity" to implement crucial structural reforms such as cutting expensive energy subsidies, analysts say.
TOKYO, Jan 06, 2015 (AFP) - Tokyo stocks tumbled more than 3.0 percent Tuesday continuing a global equity market selloff fuelled by political turmoil in Greece that has fanned fears over the eurozone.
MOSCOW, Nov 24, 2014 (AFP) - Russia is losing up to $140 billion (113 billion euros) a year because of Western sanctions over the Ukraine conflict and plunging oil prices, but President Vladimir Putin has dismissed the economic damage as "not fatal".
Oil prices dipped in Asia Thursday after Russian President Vladimir Putin held out a hand to crisis-hit Ukraine, raising hopes of an easing in the worst East-West standoff since the Cold War.
Oil prices were mixed in Asian trade Tuesday, weighed by the prospect of a return of iranian supplies after a landmark deal to curb Tehran's disputed nuclear programme takes effect January 20
Oil prices eased in Asian trade Tuesday as the US government began shutting down for the first time in 17 years following a gridlock in Congress over a new budget.
Global oil prices fell on Tuesday on easing fears about supplies from the crude-rich Middle East, eclipsing bright data from Europe and China, analysts said.