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Iran Oil

US to issue advisories to ports against storing Iranian oil: Official

WASHINGTON (Reuters) - The Trump administration will soon issue advisories warning shippers, port officials and insurance companies against the practice of storing Iranian oil and avoiding U.S. sanctions on Iran, a senior State Department official said on Monday.

US to issue advisories to ports against storing Iranian oil: Official
Updated On : 10 Mar 2020 | 1:47 PM IST

US-Iran conflict: Price concerns grow over US threat of sanctions on Iraq

India's imports from Iran has already gone down to 1.7 million tonne in the current financial year, from 23.9 mt in 2018-19

US-Iran conflict: Price concerns grow over US threat of sanctions on Iraq
Updated On : 07 Jan 2020 | 1:29 AM IST

Despite sanctions by US, we are still selling our oil: Iran V-P Jahangiri

Washington has reimposed sanctions aimed at halting all Iranian oil exports, saying it seeks to force Iran to negotiate to reach a wider deal

Despite sanctions by US, we are still selling our oil: Iran V-P Jahangiri
Updated On : 02 Dec 2019 | 10:15 PM IST

Iran not disappointed with India for not buying oil from Tehran: Jaishankar

Jaishankar was responding to a question that Iranians were disappointed with India's decision not to buy oil from them to avoid American sanctions regime

Iran not disappointed with India for not buying oil from Tehran: Jaishankar
Updated On : 02 Oct 2019 | 1:38 PM IST

US slaps fresh sanctions on China for violating curbs on Iranian oil

Attacks on Sept 14 on the oil facilities of Saudi Arabia, widely blamed on Iran, have rattled West Asia and raised concerns about a broader war

US slaps fresh sanctions on China for violating curbs on Iranian oil
Updated On : 25 Sep 2019 | 8:47 PM IST

Iran says seized UK-flagged oil tanker Stena Impero 'free' to leave

"The legal process has finished and based on that the conditions for letting the oil tanker go free have been fulfilled and the oil tanker can move," says official

Iran says seized UK-flagged oil tanker Stena Impero 'free' to leave
Updated On : 23 Sep 2019 | 8:50 PM IST

Oil price to rise? Millions of barrels of Iran oil piled up in China ports

The store of oil has the potential to push down global prices if Chinese refiners decide to draw on it

Oil price to rise? Millions of barrels of Iran oil piled up in China ports
Updated On : 23 Jul 2019 | 2:29 AM IST

Seized tanker after collision, says Iran, UK fears dangerous path

Iran's elite Revolutionary Guards took control of the Stena Impero in the Strait of Hormuz on Friday after it collided with an Iranian fishing boat whose distress call it ignored

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Updated On : 21 Jul 2019 | 12:20 AM IST

Britain says it fended off Iranian attempt to block its oil tanker

Iran dismisses British report; Trump vows harsher sanctions on Iran soon

Britain says it fended off Iranian attempt to block its oil tanker
Updated On : 11 Jul 2019 | 9:07 PM IST

5 reasons why the Iran deal will have no impact on oil prices

Oil Prices reacted sharply after the US led world powers entered into an agreement with Iran. The economic constraints imposed on Iran by US and its allies led to a drop of 60% in crude oil output from Iran since February 2012. This move deprived the country revenue of nearly $100 billion.

5 reasons why the Iran deal will have no impact on oil prices
Updated On : 09 Jul 2019 | 4:07 PM IST

India to decide on resuming Iranian oil buy after Lok Sabha polls: Report

Iran's Foreign Minister Javad Zarif held talks on the issue with Sushma Swaraj

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Updated On : 15 May 2019 | 2:15 AM IST

Iran says will continue to sell oil, warns US against 'crazy measure'

The United States on Monday demanded buyers of Iranian oil stop purchases by May or face sanctions.

Iran says will continue to sell oil, warns US against 'crazy measure'
Updated On : 24 Apr 2019 | 7:52 PM IST
Updated On : 24 Apr 2019 | 3:09 AM IST

US says will scrap Iran oil waivers, hurting India and China's import plans

Indian Oil Corp. says it has lined up alternative suppliers since last year to hedge against the loss of crude from Iran.

US says will scrap Iran oil waivers, hurting India and China's import plans
Updated On : 22 Apr 2019 | 6:59 PM IST

Trump administration to eliminate Iran oil waivers after May 2 expiration

The current set of waivers -- issued to China, India, Japan, South Korea, Italy, Greece, Turkey and Taiwan -- expire on May 2

Trump administration to eliminate Iran oil waivers after May 2 expiration
Updated On : 22 Apr 2019 | 8:46 AM IST

Despite sanctions, Indian refiners start paying for Iranian oil in rupees

In the previous round of US sanctions, India settled 45% of oil payments in rupees

Despite sanctions, Indian refiners start paying for Iranian oil in rupees
Updated On : 09 Jan 2019 | 12:09 PM IST

Iranian oil Imports by major buyers in Asia hit a five-year low in October

China, India, Japan and South Korea last month imported about 762,000 barrels per day (bpd) from Iran, according to the data, down 56.4% from a year earlier

Iranian oil Imports by major buyers in Asia hit a five-year low in October
Updated On : 30 Nov 2018 | 3:54 PM IST

Indian Oil Corp has a contract to buy 180,000 bpd Iranian oil in FY19

India's overall oil imports from Iran could surpass last year's level

Indian Oil Corp has a contract to buy 180,000 bpd Iranian oil in FY19
Updated On : 22 Nov 2018 | 5:13 PM IST

Centre examining details of exemptions by US on importing Iranian oil

We appreciate the US government has taken into account our need for energy security, said Raveesh Kumar

Centre examining details of exemptions by US on importing Iranian oil
Updated On : 09 Nov 2018 | 5:00 PM IST

India aims to sign an initial pact with Iran to settle oil trade in rupees

IOC would buy 6 million barrels of Iranian oil, while MRPL would import 3 million barrels

India aims to sign an initial pact with Iran to settle oil trade in rupees
Updated On : 07 Nov 2018 | 1:55 AM IST