WorldOil Oil and Gas in the Capitals The changing energy landscape of the Middle East Iran orders armed forces to sell all energy, business assets Iran’s armed forces, some of which are under U.S. sanctions, must divest from energy assets and other businesses to help save the Persian Gulf nation’s economy, President Hassan Rouhani said. Iran can boost output fast if OPEC ends cuts, oil minister says Iran can swiftly increase production of crude if OPEC decides to scrap limits on global output when the group meets next in June, Oil Minister Bijan Namdar Zanganeh said. OPEC, Russia sustain production as Saudi Arabia masks Venezuelan drop Crude production by OPEC and its main ally Russia held steady last month as increases in Saudi Arabia and Iran offset the ongoing deterioration of Venezuela’s oil industry. Iran awaits Trump verdict on oil sanctions deal World oil markets are about to get a clearer idea of what Donald Trump’s presidency means for one of the biggest crude exporters, Iran. Iranian tanker at risk of sinking as buyer seeks other supply Hanwha Total Petrochemical Co. bought alternative supply after a fire on board an Iranian oil tanker that was destined for the South Korean company. White House threatens new Iran sanctions as arrests continue The Trump administration threatened new sanctions on Iran as the number of civilians arrested in spontaneous nationwide protests that began last week neared 1,000. Oil steadies above $60 as protests spread in OPEC producer Iran Oil steadied after a second annual increase, supported by concern that protests in Iran could lead to a supply disruption in OPEC’s third-biggest member. Crude approaches 28-month high as Saudi crackdown intensifies Crude resumed its march toward levels last seen in 2015 as escalating tensions in Saudi Arabia raised concerns about stability in the region. Russian-Iranian framework established for gas sector cooperation A number of documents were signed in Tehran on the margins of the visit to the Islamic Republic of Iran by Russian President Vladimir Putin. The documents are aimed at fostering Russian-Iranian cooperation in the gas sector.