You Searched For "iranian oil" and got 20 results
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1 min read
The US is drawing up sanctions against companies that smuggle Iranian oil, according to a report
Iranian oil reportedly trades at a $10 a barrel discount to Brent crude, which has seen its price s…
George Glover
2 mins read
India’s refiners will bypass US sanctions by paying for Iranian oil in rupees
As the US-led sanctions are set to take into effect in November, the Indian government has b…
1 min read
US Bans Greek Shipping Magnate After Accusing Him Of Trafficking Iranian Oil
The scheme allegedly worked through "ship-to-ship transfers." For example, one front company, Libra…
Rob Wile
1 min read
An Iranian oil tanker was reportedly hit by missiles close to the coast of Saudi Arabia
Iranian news reports said that "only the body of the ship" was damaged in the incident, citing the …
Will Martin
4 mins read
UK says it will release seized Iranian oil tanker if Iran guarantees the vessel won't breach European sanctions
The comments by Foreign Secretary Jeremy Hunt late Saturday could help de-escalate tensions that ha…
Associated Press
2 mins read
Will withdraw ‘special privileges’ if oil imports are lowered under US pressure, Iran warns India
He further added that if India does so, “It may have to revert to dollar-denominated imports whi…
2 mins read
British Royal Marines seized a tanker full of Iranian oil after claims it was breaching sanctions by sailing crude oil to Syria
A spokesman for the Iranian government said on Thursday that the tanker had been illegally stopped …
Sinéad Baker,Sinéad Baker,Sin…
2 mins read
India will count on Saudi Arabia and Iraq to make up for a decline in Iranian oil imports
US sanctions on Iranian imports and payment routes kick in early next month, and in response, the…
1 min read
Oil prices extend gains as OPEC+ eyes production cuts if a revived Iran nuclear deal adds crude supplies to the market
Analysts have estimated that a return of Iranian oil would result in a near-term boost of about 1 m…
Brian Evans
2 mins read
US determined to help India find a substitute for Iranian oil
The Trump administration’s sanctions on Iran kick in on November 4th, after which any countries pur…
4 mins read
The British oil tanker that Iran confronted with 3 gunboats was a BP ship that worried it was about to be targeted
Gibraltar officials say they stopped the ship because it was carrying Iranian oil to Syria in breac…
Alexandra Ma
1 min read
US to release $6 billion of frozen Iranian oil revenue as part of prisoner release deal
Iran lost access to billions of dollars in funds after the Trump Administration abandoned the Iran …
Filip De Mott
2 mins read
Mysterious attacks on at least a dozen tankers carrying Iranian oil are reportedly due to covert Israeli operations
The Trump admin. tacitly supported the Israeli operations, the report said, and the US does not app…
John Haltiwanger
2 mins read
India’s 'robust plan' to maintain oil imports might include a buyers collective with another large oil importer
“The Government of India has put in place a robust plan to ensure that there is adequate suppl…
2 mins read
Oil jumps after Trump warns Iran with grave 'consequences'
"To Iranian President Rouhani: NEVER, EVER THREATEN THE UNITED STATES AGAIN OR YOU WILL SUFFER CONS…
Gina Heeb
4 mins read
Britain rejects swapping seized oil tankers with Iran, 4 days after Prime Minister Boris Johnson's father said it would be 'easy peasy'
Johnson visited Iran once in 2017 as Britain's foreign secretary. During that visit, he wrongly sai…
Alexandra Ma
4 mins read
Iran orders 'foreign powers' to leave the Strait of Hormuz, and says the West is playing a 'dangerous game' over Gibraltar tanker seizure
Tehran on Sunday gave Europe 60 days to find a new way to help Iran economically, and said it would…
Alexandra Ma
2 mins read
The US is likely to turn a blind eye to sanctioned Iranian oil as it tries to lower gas prices, leading trader Vitol says
The Biden administration is scrambling to bring down sky-high gas prices by encouraging countries t…
Harry Robertson
1 min read
Oil spikes and Sensex slips after missiles take down an Iranian oil tanker off Saudi Arabia coast
An oil tanker, owned by National Iranian Oil Company, had suffered heavy damage and was leaking oil…
2 mins read
Iran will be 'competing in Europe head-on with Russia'
So, "Russia, whose benchmark export grade is similar to Iran's flagship blend, has been the main be…