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Birol: IEA Concerned About Tensions in Hormuz Strait

20 July 2019 - 07:24
The International Energy Agency is "significantly" concerned about geopolitical tensions, including in the Strait of Hormuz, but oil markets are currently well supplied and unlikely to see "huge price increases for now," the head of the agency said Friday.

Iran elected as head of OPEC Fund’s ministerial council

20 July 2019 - 02:01
Iran’s Finance and Economic Affairs Minister Farhad Dejpasand was elected the chairman of the OPEC Fund for International Development (OFID) ministerial council, Iranian mission to Vienna announced.

Oil Price Jumps After 1mln Liter of Smuggled Fuel Seized in Persian Gulf

20 July 2019 - 01:56
The price of oil spiked on Thursday just minutes after Tehran seized a “foreign vessel” which was “smuggling” one million liters of fuel near Larak Island in the Strait of Hormuz off Iran’s coast.

Oil Minister: Sanctions Unable to Halt Iranian Crude Exports

18 July 2019 - 12:43
Iranian Oil Minister Bijan Namdar Zanganeh underlined that the US sanctions have failed to stop Iran's oil supplies to other countries.

Speaker: US Defeated in Oil Sanctions by Iran's Smart Moves

18 July 2019 - 12:11
Iranian Parliament Speaker Ali Larijani underlined the US failure to zero his country's oil exports, saying that Washington has been defeated by Iran's smart moves.

Brent, WTI Regain Little Ground

18 July 2019 - 11:55
Oil prices on Wednesday regained little ground lost in the previous session, weighed down by industry data suggesting US crude inventories fell less than expected.

Speaker: US defeated in oil sanctions by Iran's astute moves

17 July 2019 - 23:57
Iranian Parliament Speaker Ali Larijani underlined the US failure to reduce his country’s oil exports to zero, saying that Washington had been defeated by Iran’s smart moves.

Minister Vows Uninterrupted Sale of Iran’s Oil

17 July 2019 - 21:50
Iran’s Oil Minister Bijan Namdar Zanganeh assured the country’s lawmakers on Tuesday that the export of oil will not come to a halt under any circumstances.

Speaker: US Defeated in Oil Sanctions by Iran's Smart Moves

17 July 2019 - 20:12
Iranian Parliament Speaker Ali Larijani underlined the US failure to zero his country's oil exports, saying that Washington has been defeated by Iran's smart moves.

Oil Minister: Sanctions Unable to Halt Iranian Crude Exports

17 July 2019 - 20:08
Iranian Oil Minister Bijan Namdar Zanganeh underlined that the US sanctions have failed to stop Iran's oil supplies to other countries.
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