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Iran oil

US set to extend waivers on Iran oil sanctions


Two officials said an announcement of the six-month extensions was expected from the State Departme...

Iran plans new oil storage, airline hikes fares


Iran has the world`s third largest proven oil reserves and was OPEC`s second largest exporter, but s...

India shouldn’t buy an ounce of Iran oil: Romney campaign


India should look at other alternatives and should stop buying oil from Iran, he insisted.

New US sanctions on Iran`s state-owned oil company


New sanctions on oil company have been imposed because of its links to the country`s Revolutionary G...

Iran`s Oil Company ‘agent’ of country`s military: US


The US says there is a link between the Iran`s state oil company to the country`s Islamic Revolution...

Iranian oil production has dropped by 40%: US


Iran`s oil production has dropped by 40 per cent, a State Department official has said.

UAE starts up pipeline to bypass Strait of Hormuz


The pipeline would give the OPEC member insurance against Iranian threats to block the strategic wat...

Iran says it will make oil embargo ineffective


Iran`s Oil Minister says his office has drawn up plans to make newly tightened sanctions against the...

Western sanctions force Iran to load oil on idled ships: Report


Iran is loading hundreds of thousands of barrels of unsold oil to its ships after concealing their t...

Will have talks with India on Iran oil import: US


The US has said that it will have more consultations with India on New Delhi reducing dependence on ...

US diplomat misquoted on India`s Iran oil efforts


A top US energy diplomat was misquoted in suggesting that he was "not too impressed" with India`s ef...

CPI-M slams govt on Iran oil cut


The CPI-M on Tuesday took strong exception to the government`s decision to cut crude oil import from...

‘Indo-Iran oil ties guided by energy security’


The US has not threatened to impose sanctions on India for having economic relations with Iran; Exte...

Iran’s key oil terminal hit by `cyber attack`


Iran`s principal oil terminal on Kharg island in the Gulf has been disconnected from the Internet.

`Iran can withstand several years of oil blockade`


Iranian President Mahmoud Ahmadinejad said Iran has enough funds to withstand a total embargo on its...

Western sanctions tighten noose on Iran oil export


Iran is the world`s fifth largest oil exporter and the second-biggest producer in OPEC after Saudi A...

Will sort out Iran oil issue with India: US


The Obama administration has exuded confidence that it would comfortably sail through the challeng...

Iran sets conditions for oil to European nations


Tehran said Monday it was considering extending the oil embargo to other European countries.

No decision yet on Iran oil import cuts: Japan


Japan and the United States have made substantial progress in their talks on sanctions against Iran,...

Iran threatens to cut oil to more EU nations


Iran exports about 20 per cent of its crude to the European Union, most of which goes to Italy, Spa...

‘India`s Iran oil buy a slap on US face’


India`s decision to continue importing Iranian oil is a slap on the US` face which is galvanising t...

Iran Denies Banning Oil Exports to EU


Iranian Oil Ministry says Supreme National Security Council would announce a ban, should it happen.

Iran says oil could reach $120 to $150 per barrel


The EU announced an embargo on Iranian oil last week to pressure Tehran on its controversial nuclea...

We don`t need to sell oil to Europe: Ahmadinejad


EU has imposed further sanctions against Iran`s oil exports and the central bank to ramp up pressure...

Israel welcomes EU sanctions on Iran`s oil exports


Israel welcomed European Union`s efforts to foil Iran`s nuclear ambitions by imposing sanctions.

Saudi Arabia doubts Iran oil blockade claim


Saudi Arabia made clear it was ready to pump more oil after sanctions threatened to cut Iranian sale...

China knocks US sanctions on state firm over Iran


The US sanctions came shortly after US Treasury Secretary Timothy Geithner met Chinese leaders in B...

Iran warns Gulf countries not to replace its oil


EU countries have agreed in principle to embargo imports of Iranian as part of the latest efforts to...

EU plans Iran oil embargo, IAEA team to visit


Europe and Japan moved ahead Tuesday in planning for punitive cuts in oil imports from Iran.

EU agrees embargo on Iran oil


The embargo will force Tehran to find other buyers for oil. EU countries buy about 450,000 barrels p...

US warns Iran not to disrupt oil route


The US Navy`s 5th fleet is warning Iran that any disruption of traffic through the oil route will no...

World can`t do without Iran oil: Tehran official


Iran has repeatedly denied the programme has any military dimensions to it.

Iran says new sanctions from West "in vain"


The United States, Britain and Canada on Monday announced new sanctions on Iran`s energy and financi...

Iran oil blast kills 1, fire hits refinery


Last year a scheme to develop Shazand was launched with an investment of USD 3.3 billion to boost it...

Blast, followed by fire, hits Iran oil pipeline


An explosion struck an oil pipeline in Iran`s oil-rich southwestern province of Khuzestan early to...

EU to hammer Iran with oil sanctions


The EU will hit Iran with tough sanctions against its vital oil and gas industry in a bid to lure Te...

Israel urges Iran oil embargo even without UN okay


Israeli Prime Minister Benjamin Netanyahu called on Monday for an immediate embargo on Iran`s energy...

Iraq sends forces to oil well seized by Iran


Iraqi troops massed Saturday near an oil well on the border in a standoff with Iranian forces that s...