Condemning the US move to force Turkey to buy oil from Saudi Arabia and UAE instead of Iran , Faruk logoglu says the US move is flagrant violation of international law and he sovereign right of nations to trade freely.
Surrounded by fifteen neighboring countries through land and sea, Iran enjoys a very strategic geopolitical and economic position in the Middle East.
Chief of General Staff of the Iranian Armed Forces Maj. Gen. Mohammad Hossein Bagheri said that the United States will soon pay the price of its enmities towards Iran.
Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei on Wednesday reacted to the United States’ hawkish moves against the Islamic Republic’s oil sector, assuring that Iran will continue its oil exports as much as it intends.
Customs Supervisor of East Azerbaijan said exports from the province has registered a 52 percent increase in terms of value last year (ended March 20, 2019).
According to OPEC’s latest monthly report, Iranian heavy oil price increased $5.10 per barrel in February, 2019, reaching $61.29.
India said on Thursday it was engaged in talks with the US over extending a waiver beyond May 4 for the import of Iranian crude, according to local news outlets.
Asia’s top four buyers of Iranian crude - China, India, Japan and South Korea - imported a total 710,699 barrels per day of crude from Iran in January, 49 percent lower than the same month in 2018, but it is more likely that Iran's oil export to these countries would double in Feb. 2019, the data collated by Thomson Reuters showed.
Islamic Republic of Iran exported $219.258 million worth of products to Russian Federation in the 10 months of the current year (March 21 – Jan. 21), showing a significant 8.56 percent growth as compared to the last year’s corresponding period. Studies of Iran’s foreign trade statistics with 100 countries in the world during 10 months […]
Iran’s exports of crude oil were higher than expected in January and are at least holding steady this month, according to tanker data and industry sources, as some customers have increased purchases due to waivers from US sanctions. Shipments are averaging 1.25 million barrels per day (bpd) in February, Refinitiv Eikon data showed and a […]