US sanctions on Iran
Thursday, 16th May 2019
The Japanese oil refining company expects to deal with alternatives for Iranian crude oil supply due to the US sanctions.
Tuesday, 14th May 2019
India was the second biggest importer of Iranian oil after China before the US sanctions more than halved Iran's oil exports to 1 million barrels per day (b/d).
Sunday, 12th May 2019
China Petrochemical Corporation (Sinopec Group) and China National Petroleum Corporation (CNPC) has stopped purchasing Iranian oil in May.
Wednesday, 8th May 2019
Iraq is expected to sign a $53 billion energy agreement with ExxonMobil and PetroChina. The Iraqi Prime Minister Adel Abdul Mahdi denied any link between the mega-project and the US permission for Iraq to do business with Iran.
Wednesday, 10th April 2019
Indian refineries have postponed their May orders for Iranian oil, waiting for a decision on whether the US will extend their waiver from the sanctions.
Thursday, 21st March 2019
The US allowed Iraq to continue importing energy from Iran without sanctions for a 90-day waiver.
Thursday, 31st January 2019
Iran plans to increase oil income by $20 billion, according to Iranian Oil Minister Bijan Zanganeh without specifying the targeted oilfields that will be used in the development.
Sunday, 13th January 2019
Iran will stand against US sanctions considering them “fully illegal”, Bijan Zanganeh, Iranian Oil Minister, said on January 10, announcing that Tehran would not comply with the sanctions
Thursday, 27th December 2018
Iran announced on December 26 that it is not facing any problems in selling Iranian crude oil to non-governmental traders.
Monday, 19th November 2018
The Organization of the Petroleum Exporting Countries (OPEC) are expected to agree oil production cuts starting from December.