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Crude Oil
Zanganeh: Iran Prepared to Return to Int’l Oil Market
Iran is ready to return to the international oil market at the highest level when a political agreement is reached between Iran and the world powers, and the un…
Crude Oil
Venezuela Plans To Revive Its Oil Industry Despite U.S. Sanctions
Venezuela is ignoring U.S. sanctions with its plan to boost production to 1.5 million bpd by the end of the year, around three times the current output.
Oil Pipeline
Video: Nord Stream 2 Almost Complete as US Sanctions Fail to Stop it
However hard the U.S. tries to commercially sabotage the construction of the Nord Stream 2 gas pipeline from Russia to Germany
Nuclear Policy
Biden Rejects Maduro’s Call for the U.S. to End Venezuela Sanctions
President Joe Biden’s administration rejected Nicolas Maduro’s call for relief from U.S. sanctions, saying the Venezuelan leader needs to do more toward resto…
Crude Oil
Venezuela’s Oil Boss Projects Soaring Output, Despite Crumbling Infrastructure and U.S. Sanctions
In Venezuela, waiting in line at a gas station -- sometimes for days -- has become so routine that it’s hard to imagine life without it.
Crude Oil
Iran Projects 90 Days to Hit 4 million Barrels of Daily Oil Output Once Sanctions are lifted
Iran plans to restore the bulk of its crude oil production within one month of the easing of U.S. sanctions if world powers manage to broker the revival of the …
Oil Price
New Iran Nuclear Deal May Completely Derail Oil Price Rally
The U.S. has agreed to a tentative removal of key sanctions in the oil, gas, petrochemicals and automotive sectors, plus some of those on Iran’s banking sector…
Crude Oil
Iran Claims Its Oil Production Could Jump To 6.5 Million Bpd
Iran can boost its crude oil production to as much as 6.5 million barrels per day when the U.S. sanctions on its oil industry are lifted, Iranian Oil Minister B…
Oil Price
Oil Prices Rise on Potential Hitch in Iran Talks
Oil prices rose on Monday as a demand bump fueled by COVID-19 vaccination drives gave traders optimism that the market can absorb any Iranian oil that would com…
Biden Administration To Enforce Trump-Era Sanctions On Iran Oil Shipments
A key tenet of the prior Trump administration's crackdown on China and Iran was to punish those Chinese companies caught transferring sanctioned Iranian oil,
Oil Pipeline
Biden Weighing New Sanctions to Block Russian Gas Pipeline
The Biden administration is weighing additional sanctions to block construction of the nearly completed Nord Stream 2 pipeline from Russia to Germany
Crude Oil
Iranian Crude Clogs Chinese Ports Despite US Sanctions
Congestion at one of China’s major refinery hubs was reportedly caused by soaring exports of crude from the Persian Gulf nation, which are expected to grow fur…
Crude Oil
Iran Claims it is Ramping up Oil Production to Pre-Sanctions Levels
Iran's output fell following US sanctions in 2018 over its nuclear ambitions
Iran
Strait of Hormuz: The World's Most Important Oil Artery
Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…
Oil Pipeline
US Congress Authorizes New Nord Stream 2 Sanctions
The sanctions aim to derail construction of the remaining offshore portion of Russian state-controlled Gazprom's near-complete 55bn m³/yr Nord Stream 2.
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