Iran Oil Output
Iran finds new oilfield with 53 billion barrels of crude: Hassan Rouhani
The field covers 2,400 square kilometres (926 square miles) and is located in Iran's southwestern province of Khuzestan, Rouhani said in a speech aired on state TV
 "Iran finds new oilfield with 53 billion barrels of crude: Hassan Rouhani")
US says no more sanctions waivers for Iran oil purchases
The global oil market had already factored in Iranian oil exports falling to zero under the Trump administration's economic pressure campaign against Tehran.
 "US says no more sanctions waivers for Iran oil purchases")
Saudi, Iraq and UAE may fill in Iran gap as US ends sanctions waiver
The advantage with Iran was the attractive terms offered by the country including 60-day credit, free insurance, and shipping
 "Saudi, Iraq and UAE may fill in Iran gap as US ends sanctions waiver")
US move to end Iran exemptions pushes oil prices higher than usual
US West Texas Intermediate crude rose 72 cents to $ 66.27 per barrel while international Brent oil rose 35 cents to $ 74.39 per barrel.
 "US move to end Iran exemptions pushes oil prices higher than usual")
US sanctions over Iran oil will 'intensify turmoil' in Middle East: China
The White House announced it was calling an end to six-month waivers that had exempted several countries from unilateral US sanctions on Iranian oil exports
India hopes US will allow allies to continue to buy some Iranian oil
India, Iran's biggest oil client after China, has almost halved its Iran oil purchase since November
US mulls alternative oil supplies to ensure 'friend' India doesn't suffer
The US has made it clear that any country that continues to do business with Iran will be blocked from accessing the American banking and financial system
 "US mulls alternative oil supplies to ensure 'friend' India doesn't suffer")
Crucial period for oil as exports from Iran and Venezuela decline: IEA
The cartel had agreed in Vienna in June to push up production in order to put a cap on soaring prices
 "Crucial period for oil as exports from Iran and Venezuela decline: IEA")
India may cut 50% of Iran oil imports to secure US waiver for shipments
India continued with Iranian imports even after Trump announced in May that he was withdrawing from the 2015 nuclear deal
 "India may cut 50% of Iran oil imports to secure US waiver for shipments")
Iranian oil output stagnates for third month amid OPEC bargaining
Iran's oil output soared to 3.64 million bpd in June from an average of 2.84 million bpd in 2015
 "Iranian oil output stagnates for third month amid OPEC bargaining")
