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Indian Refiners Eye Modest Inflow of Iranian Oil

EghtesadOnline: Indian refiners are increasingly optimistic on winning another round of waiver to continue buying Iranian oil, at reduced levels, as New Delhi has put forward a strong case to Washington that it will not be able to afford zero Iranian crude, delegates attending a three-day petroleum conference in New Delhi said.
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Publish Date:12/February/2019 | 13:17

Iran says no OPEC member can take over its share of oil exports

EghtesadOnline: Iran told OPEC on Sunday no member country should be allowed to take over another member’s share of oil exports, expressing Tehran’s concern about Saudi Arabia’s offer to pump more oil in the face of U.S. sanctions on Iranian oil sales.
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Publish Date:19/August/2018 | 09:31

US May Impose Sanctions on China for Buying Iranian Oil

EghtesadOnline: The United States is prepared to impose sanctions on all countries that continue to buy Iran's oil, including China, after Washington starts reimposing bans on Iran’s energy sector. The announcement was made on Thursday by Brian Hook, the head of US State Department's newly-established Iran Action Group, after he was asked by reporters about the group’s plan for dealing with China, the National Iranian Oil Company's website reported.
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Publish Date:19/August/2018 | 07:29

Japan Seeking US Oil Sanctions Exemption

EghtesadOnline: Japanese energy supply should not be affected by US sanctions on Iran, Japan's Minister of Economy, Trade and Industry Hiroshige Seko said in a news conference on Tuesday.
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Publish Date:08/August/2018 | 07:38

India, China Could Mitigate US Sanctions' Impact on Iran

EghtesadOnline: In recent months, India and China purchased more than 600,000 bpd apiece from Iran. Together, that amounts to about 60% of Iran’s oil exports, which makes them hugely important to the efficacy of US sanctions.
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Publish Date:24/July/2018 | 10:05

Treasury Secretary: US to Mull Iran Waivers

EghtesadOnline: The United States in certain cases will consider waivers for countries that need more time to wind down imports of oil from Iran to avoid disrupting global oil markets while reimposing sanctions against Tehran, US Treasury Secretary Steven Mnuchin said.
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Publish Date:18/July/2018 | 24:53

Tehran Assures New Delhi of Adequate Crude Supply

EghtesadOnline: Iran will take care to supply India with all the oil it needs, the country’s embassy in India said, a day after its deputy ambassador threatened that Iran could turn the tap off if India cut back on Iranian oil under the pressure of US sanctions.
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Publish Date:14/July/2018 | 13:02

Iran Vows to Sell Oil Despite US Sanctions

EghtesadOnline: Iran’s vice president acknowledged on Tuesday that US sanctions would hurt the economy, but promised to “sell as much oil as we can” and protect banking.
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Publish Date:11/July/2018 | 13:08

India to Revive Rupee Payment for Iran Oil Imports

EghtesadOnline: India is looking to revive a rupee trade mechanism to settle part of its oil payments to Iran, fearing foreign channels to pay Tehran might choke under pressure from US sanctions, two government sources said.
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Publish Date:24/June/2018 | 08:55

China Can Substitute US Crude With Iranian Oil

EghtesadOnline: Beijing’s retaliatory measures against US tariffs can include penalties on oil coming to China from America. A cut in Chinese purchases of US oil may benefit Iran's sales.
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Publish Date:20/June/2018 | 14:25

OPEC Unlikely to Discuss US Sanctions Against Iran

EghtesadOnline: OPEC is likely to reject a request by Iran to discuss US sanctions against Tehran at this month’s meeting of the oil producer group, a source familiar with the matter told Reuters.
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Publish Date:10/June/2018 | 09:36

Oil soars, shares rattled as Trump dumps Iran nuclear deal

EghtesadOnline: Crude oil prices jumped back to near 3 1/2-year highs on Wednesday after President Donald Trump pulled the United States out of an international nuclear deal with Iran, sparking worries about global oil supplies.
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Publish Date:09/May/2018 | 05:58

Normalization of Int'l Ties Key to Attracting FDI

EghtesadOnline: Iran's oil and gas industry cannot experience a turning point in attracting foreign direct investment unless it reduces investment risk by normalizing its relations with the world.
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Publish Date:27/February/2018 | 07:59