South Africa’s Iranian Oil Imports Hike Despite US-Led Embargoes
South Africa has increased its crude imports from Iran to USD 364 million in February, up from zero in the previous…
Browsing Tag
Iran
Iraqi Govt Accuses Kurdish Region of Smuggling Oil
The Iraqi government on Monday accused the northern semi-autonomous region Kurdistan of smuggling oil out of the…
Turkey Starts Purchasing Libya Crude Oil After Iran Cut
Turkish Energy & Natural Resources Minister Taner Yildiz has said Turkish Petroleum Refineries Co. (TUPRAS) had…
US Has no Right to Impost Unilateral Sanctions Against Iran: China
China has rejected new US sanctions on Iranian oil imports by other countries saying that Washington has no right…
Turkey to cut Iran Oil Imports By a Tenth
Turkey said on Friday it will cut imports of oil from Iran by a tenth, ceding to US pressure a week after…
US to Impose Fresh Oil Sanctions on Iranian Oil Buyers
US President Barack Obama has approved the introduction of fresh sanctions on buyers of Iranian oil. In a…
Sanctions Could Cost Iran $ 50 Bln
Iran’s oil revenue could halve. Top buyers are moving to cut imports of crude from the Islamic Republic amid a…
Kuwait’s Crude Oil Exports to China Jump 49.8%
Kuwait's crude oil exports to China jumped 49.8 percent in February from a year earlier to 962,000 tons, equivalent…
EU Allows Iran Oil Insurance For Now
The European Union agreed on Friday to exempt until July 1 some insurance on Iranian oil shipments headed for…
Brent Falls Below US$124 On China Manufacturing Data
Brent crude dropped below US$124 a barrel on Thursday, after weak Chinese manufacturing data sparked concerns that…
