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Zangeneh: Oil not a weapon

EghtesadOnline: Minister of Petroleum Bijan Zangeneh said on Tuesday that oil is not a weapon and it should not be used for political purpose.
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Publish Date:28/September/2016 | 13:26

Saudi Oil Minister Signals He’s Open to Iran Compromise at OPEC

EghtesadOnline: Saudi Arabia gave the strongest indication yet it’s ready to compromise with regional rival Iran, potentially paving the way for the first limit on oil production in two years, although a deal is unlikely until OPEC’s next meeting in November.
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Publish Date:28/September/2016 | 07:19

Iran oil customers rise to 10: Report

EghtesadOnline: The number of the countries on the list of the buyers of Iran's oil which had been limited to five due to unfair anti-Iran sanctions has risen to 10 after the average oil exports of the country reached 2.1 million barrels per day.
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Publish Date:22/August/2016 | 11:22

Iran Oil Nationalization Revisited

EghtesadOnline: The fate of oil management fell into the hands of the revolutionary government in February 1979 and the National Iranian Oil Company began to run all oil sectors, but has oil really been nationalized 72 years after such a declaration?
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Publish Date:11/April/2023 | 21:32

China Taking Iran Oil

EghtesadOnline: China’s still importing oil from Iran weeks after the US imposed sanctions aimed at halting sales of crude from the Persian Gulf nation.
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Publish Date:27/July/2019 | 24:17

Import of Iran Oil Critical for Success of INSTEX

EghtesadOnline: The governor of the Central Bank of Iran says the European Union’s newly-launched trade mechanism, known as the Instrument in Support of Trade Exchange (INSTEX), needs to be financed by importing oil from Iran to ensure its sustainable operation.
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Publish Date:01/July/2019 | 10:58

Sanctions on Iran Oil Bring US Drivers Pain at Pumps

EghtesadOnline: American middle class consumers are enjoying the strongest wage growth in a decade, but higher gasoline prices are eating a good chunk of that increase for many, and it looks like pump prices are headed higher.
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Publish Date:27/April/2019 | 13:19

Turkey Eyes US Sanction Waivers on Iran Oil

EghtesadOnline: Turkey "expects" the President Donald Trump administration to grant it waivers from the US related to its purchases of Iranian oil, a top aide to Turkish President Recep Tayyip Erdogan said on Tuesday.
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Publish Date:20/April/2019 | 13:38

Japan Refiners Seeking Clarity Over Iran Oil Waiver Extension

EghtesadOnline: Japanese refiners are seeking clarity on whether there will be an extension to the 180-day sanctions waiver from Washington in March, as they hope to continue buying Iranian oil without any disruption, Petroleum Association of Japan's president Takashi Tsukioka said Friday.
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Publish Date:23/February/2019 | 14:49

South Korea Resumes Iran Oil Import

EghtesadOnline: South Korea resumed imports of Iranian oil in January after a four-month hiatus, customs data showed on Friday, but shipments were down 76% from the same month last year.
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Publish Date:16/February/2019 | 11:43

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