Search results for Irainian Oil

Iran to allocate part of oil revenues for reconstruction after attacks, minister says

DUBAI, April 14 (Reuters) - Iranian oil sales in recent weeks have been favourable and part of the revenue will be allocated to repairing damage to industry caused by wartime attac...

Tehran says restrictions on Iranian oil come with a price

Dubai, Apr 20: Iran's first vice president, Mohammad Reza Aref, said global fuel prices could stabilise only if economic and military pressures on Iranian oil exports end. "One can...

Security Concerns Complicate Iraq Oil Output Recovery

Iran has granted Iraq an exemption for its oil to transit Hormuz. But with Tehran still in control of the waterway, buyers remain wary of th...

Iran hits Saudi oi pipeline

Other energy facilities were also targeted, raising fresh concerns over escalation.

Iran cuts oil output as storage nears capacity

Iran is cutting its oil output by 400,000 barrels a day as storage fills up and exports stall, amid ongoing diplomatic talks with the United States. Read More: https://punchng.com...

Iranian oil smuggling surges again

Refineries write letter to OGRA, demand measures to curb illegal inflows

Massive Gains for Iran from India as tension rases

ALBAWABA - As the continuous turmoil in the Middle East interrupts energy supply channels and puts pressure on international markets, India has started importing Iranian crude oil...

Iranian oil heads to India after China detour, ending 7-year import freeze

Iranian oil heads to India after China detour, ending 7-year import freeze

Oil Tanker Powers Into Buy Zone Amid Iran War Disruptions

Иран Иракка Ормуздан өтүүгө уруксат берди

Иран ири мунай өндүрүүчүлөрдүн бири болгон Ирактын кемелерине Ормуз кысыгынан өтүүгө уруксат берилгенин билдирди. "Боордош Ирак үчүн Ормуз кысыгында киргизилген бардык чектөөлөр ал...

Exclusive-Iraq, Pakistan strike energy deals with Iran as Tehran flexes Hormuz control

By Marwa Rashad and Ahmed RasheedLONDON/BAGHDAD, May 12 (Reuters) - Both Iraq and Pakistan have cut deals with Iran to ship oil and liquefied natural gas from the Gulf, according t...

Iran War Is Going to Make Oil Changes More Expensive

A broad group of industrial lubricants known as base oils, which are used to make motor oil, are in very short supply with no signs of easing on the horizon.

US Blockade Tests Iran Oil Sector Resilience

A successful US blockade on Iranian oil exports would force Tehran to push oil into storage facilities, with a prolonged blockade forcing pr...

Iran says Iraqi ships are allowed to use Strait of Hormuz

The declaration has the potential to unleash as much as 3 million barrels a day of Iraqi oil cargoes.

Oil prices rise after the US says it would block Iranian ports starting Monday

New York, Apr 13: Oil prices rose in early market trading on Sunday after the US said it would blockade Iranian ports beginning Monday. The price of US crude oil rose 8 per cent to...

Oil surges after Iran targets US airbase in retaliation

Brent crude futures rise $3.51, or 3.72%, to $97.8 a barrel

US Blockade Chokes Iran’s Oil Exports

The US blockade has caused Iranian oil loadings from Kharg Island to fall sharply this month, although it retains substantial onshore capaci...

Iran’s Oil Sector and Economy Are Under Pressure as U.S. Blockade Bites

Tehran says it can endure the pain, but its oil may soon have nowhere to go.

Iran War: Oil prices rise again, fuelling fears of worsening economic fallout

UAE's surprise decision to quit OPEC fails to dampen oil prices, as reports suggest US is planning sustained blockade of Strait of Hormuz

Iran juggles oil cuts and storage strain to resist U.S. blockade

Tehran is proactively reducing crude output in a move to stay ahead of capacity limits rather than waiting for tanks to fill completely.

India Secures 4 Million Barrels of Iranian Oil Cargoes Before US Waiver Deadline

Based on a report by Bloomberg, India has received shipments of Iranian oil for the first time in seven years, with around four million barrels arriving just days before a US grace...

Iran defies US blockade as oil prices soar

Sayyid Badr bin Hamad al Busaidy, Foreign Minister, on Thursday received Jean-Noël Barrot, French Republic’s Minister for Europe and Foreign Affairs. The meeting took place at the....

Trader or driller? Iran war exposes Big Oil’s transatlantic divide: Bousso

(BOE Report) – European oil majors’ first-quarter profits were lifted by bumper trading gains as the Iran war upended supply […]

Iran War: IEA warns global oil inventories depleting at 'record pace'

Agency warns continuing blockade of Strait of Hormuz means 'further price volatility appears likely ahead of the peak summer demand period'