Iran
News
July 29, 2019
China has tapped Saudi Arabia for a record volume of crude as the world’s biggest exporter plugs a shortage from sanctions-hit Iran.
News
July 28, 2019
Omani officials are in talks with ‘all parties’ to restore stability to the Strait of Hormuz after recent threats to oil tankers and the freedom of navigation, Foreign Minister Yousef Bin Alawi said after discussions with Iranian officials in Tehran.
News
July 26, 2019
Official customs data on Friday showed China imported 855,638 tons in June, the equivalent of about 209,000 bpd.
News
July 22, 2019
Tankers are offloading millions of barrels of Iranian oil into storage tanks at Chinese ports, creating a hoard of crude sitting on the doorstep of the world’s biggest buyer.
News
July 19, 2019
Iran’s Revolutionary Guard Corps seized a British oil tanker in the Strait of Hormuz amid soaring tensions in one of the world’s critical energy chokepoints.
News
July 19, 2019
Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz, stoking concern crude flows from the Middle East may be disrupted.
News
July 18, 2019
Iran said it seized a foreign ship that was smuggling fuel in the Persian Gulf, an act that threatens to heighten already tense relations in the world’s biggest oil-exporting region.
News
July 18, 2019
EIA says unplanned crude oil production outages for OPEC averaged 2.5 MMbpd in the first half of 2019, the highest six-month average since the end of 2015.
News
July 18, 2019
Oil extended gains after Iran confirmed it had seized an oil tanker in the Persian Gulf earlier this week.
News
July 16, 2019
Oil extended losses below $60/bbl on the prospect of easing tensions between the U.S. and OPEC member Iran, and as Gulf of Mexico producers began resuming operations after a storm.
News
July 08, 2019
Oil held above $57/bbl as rising tension in the Middle East kept investors wary of potential supply disruptions.
News
July 08, 2019
An oil tanker, run by BP, is being kept inside the Persian Gulf in fear it could be seized by Iran in a response to the arrest by Gibraltar last week of a vessel hauling the Islamic Republic’s crude.
News
July 07, 2019
Iran said an oil tanker that was seized by British forces near Gibraltar wasn’t destined for Syria.
News
July 07, 2019
An oil tanker damaged in a bombing that was blamed on Iran is back in business. The ship’s first destination: Iran.
News
July 02, 2019
Iran’s oil minister said a European mechanism to shield some trade with his country from crippling U.S. sanctions won’t be useful if it doesn’t allow for oil sales, as efforts to preserve the unraveling nuclear deal face a looming deadline.
News
June 26, 2019
The United Arab Emirates appeared to distance itself from U.S. claims that pinned attacks on oil tankers near the Strait of Hormuz on Iran.
News
June 24, 2019
President Donald Trump is threatening Iran with additional sanctions on Monday, but there’s not much left for the U.S. to target because most of the Islamic Republic’s economy has been crippled by earlier penalties.
News
June 23, 2019
Oil extended its rally after the U.S. said it was preparing new sanctions against Iran, further escalating tensions between the two states.
News
June 20, 2019
Oil jumped the most this year after Iran shot down a U.S. drone and Donald Trump warned the Persian Gulf nation it made “a very big mistake,” stoking tensions in the epicenter of global crude production.
News
June 20, 2019
Oil rose after Iran shot down a U.S. spy drone in its airspace, stoking Middle East tensions further after the attack on two tankers last week.
News
June 19, 2019
After being hit by the trade war and U.S. sanctions on Iran, some Chinese buyers of liquefied petroleum gas from the Persian Gulf nation are finding it’s too tough a habit to kick.
