Search For "iran oil"
Iran's absence in oil market likely to be offset by global oversupply: Car
Updated : 2 months, 1 week ago IST
Iran's absence from the global oil market is likely to be offset by an existing oversupply in global oil inventories, providing a buffer against potential supply disruptions, according to a report by CareEdge.
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2012 deal with US on no Iran Oil purchase burns holes in Cong attack on Go
Updated : 2 months, 1 week ago IST
However, historical records from the Congress-led UPA government's tenure indicate that India too had reduced oil imports from Iran following pressure linked to US sanctions.
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India seized three Iran-linked US-sanctioned tankers, reports Reuters
Updated : 2 months, 1 week ago IST
India has seized three US-sanctioned oil tankers linked to Iran this month and stepped up surveillance in its maritime zone to curb illicit trade, Reuters reported on Monday citing a source.
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US Treasury tightens sanctions on Iran's shadow oil network, Indian firm a
Updated : 6 months ago IST
The US Department of State and Department of Treasury announced new sanctions targeting Iran's shadow oil network, naming companies and individuals across several countries, including India.
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US sanctions hit Indian companies over Iran oil trade
Updated : 9 months, 2 weeks ago IST
The US Department of State announced the sanctions on Wednesday, alleging the Indian firms knowingly engaged in "significant transactions" for the purchase and marketing of Iranian petroleum products, violating American sanctions on Iran.
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US unveils first Iran oil sanctions after 12-day war truce
Updated : 10 months, 3 weeks ago IST
The US has imposed new sanctions on Iranian oil exports after a recent ceasefire with Israel. Despite brief hopes for relief, tensions remain high with military strikes and diplomatic talks ongoing. Iran denies cooperation with the UN watchdog, while indirect US-Iran talks continue, Al Jazee
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"China can now continue to purchase oil from Iran": Trump after Iran-Israe
Updated : 11 months ago IST
US President Donald Trump announced that China can resume oil purchases from Iran and expressed hope it buys more from the US. As he heads to the NATO summit, Trump carries a fragile Israel-Iran ceasefire he helped broker, urging both sides to uphold it despite fresh missile tensions.
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South Korea's economy to face major headwinds from Trump's attack on Iran
Updated : 11 months ago IST
South Korean economy is bracing for the aftereffects of US attacks on three of Iran's core nuclear sites: Fordow, Natanz and Isfahan, according to reports by the Korea Herald.
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Iran is considering closing the Strait of Hormuz: Reports
Updated : 11 months ago IST
Roughly 20 per cent of global oil and a significant portion of natural gas pass through the Strait. Europe imports oil and liquefied natural gas (LNG) from Gulf states--Saudi Arabia, Qatar, UAE-- much of which travels through the Strait. If Iran blocks it, global oil prices would spike, a
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Israel's attack on Iran bullish for oil prices but unlikely to last unless
Updated : 11 months, 1 week ago IST
Israel's surprise airstrikes on Iranian nuclear sites have rattled global energy markets, sending oil prices soaring and raising concerns about wider regional instability.
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US: Biden "in discussion" on possible strikes on Iran oil facilities
Updated : 1 year, 7 months ago IST
Oil prices added to earlier gains after President Joe Biden suggested that US and Israeli officials were discussing a possible strike by Israel against Iranian oil facilities, the Washington Post reported
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US confirms seizing cargo containing Iranian oil earlier this year
Updated : 2 years, 8 months ago IST
The United States Department of Justice confirmed on Friday that it seized a cargo containing nearly one million barrels of Iranian oil earlier this year, Al Jazeera reported.
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