Iran ///

Iran’s oil-market realities: How buyers are positioning for U.S. sanctions

In three months’, U.S. sanctions on Iran could drive the Persian Gulf nation’s exports down toward zero and upend the global oil market.

China rejects U.S. request to cut Iranian crude imports

The U.S. has been unable to persuade China to cut Iranian oil imports, dealing a blow to Trump’s efforts to isolate the country after his withdrawal from the 2015 nuclear accord.

Oil rises as U.S.-Iran tensions counter concern over trade spat

Oil rose to $69/bbl as flaring tensions between the U.S. and Iran countered growing concerns that trade protectionism will harm economic growth.

Iran warns Trump not to threaten country's oil exports

Iran’s president warned his U.S. counterpart Donald Trump not to threaten the Persian Gulf nation’s oil exports and called for improved relations with its neighbors, including arch-rival Saudi Arabia.

Saudis pump more oil for Trump, then doubt if it's needed

Under pressure from U.S. President Donald Trump, Saudi Arabia has rushed to boost oil production -- only to discover that global markets might not yet need it.

Trump or cheap Iranian oil? Dilemma facing fastest growing user

The U.S. embargo on Iranian oil shipments has put Prime Minister Narendra Modi in a quandary. If he plays along, India will side with President Trump on trade, but lose cheap supplies and foreign exchange.

Goldman Sachs says U.S. political policy making oil volatile

U.S. political decisions are helping make volatility the new normal in the global oil market and muddying the outlook for prices, according to Goldman Sachs Group Inc.

Iranian official urges Trump not to use U.S. strategic oil reserve

A senior Iranian oil official urged U.S. President Donald Trump not to use the nation’s Strategic Petroleum Reserve to push prices lower, and instead drop sanctions on Iran’s crude exports.

Iran touts Russia's plan to invest in its oil with sanctions looming

Iran said Russia is ready to invest as much as $50 billion in its oil industry even as Western majors are pulling out of deals with the republic amid the threat of U.S. sanctions.

U.S. said to meet Saudi leaders to discuss Iran oil sanctions

U.S. government teams spent three days in Saudi Arabia discussing ways to cut off money flows to Iran without disrupting energy markets.

U.S. allies starved of Iran oil even before Trump's deadline

Iranian oil shipments to some U.S. allies are being threatened even before America’s Nov. 4 deadline for buyers to curb imports and comply with renewed sanctions on the OPEC member.

Tehran taunts Trump, telling him his tweets drive up oil prices

The Islamic Republic’s OPEC governor, Hossein Kazempour Ardebili, said tweets by Iran’s nemesis in the White House are backfiring, by sending prices higher, and undermining U.S. allies.

Iran threatens to stop exports from the Strait of Hormuz

Iran will stop oil exports from the Strait of Hormuz, the world’s most important oil chokepoint, if the U.S. succeeds in halting crude sales from the Persian Gulf nation, a Revolutionary Guards official said.

Iran resorts to barter for crude again as sanctions loom

Iran said it’s open to resuming barter payments for oil as U.S. sanctions threaten its access to the global financial system, reviving a method used during a previous wave of sanctions earlier this decade.

India has "Plan D" for Iran oil as Trump adds sanction pressure

One of Iran’s biggest oil buyers said it has enough alternative sources of crude to replace any supplies cut off by U.S. sanctions on the Persian Gulf state -- even if shipments stop completely.

Iran is running out of options on oil

Iran’s position in the oil market is looking weaker than ever as a bruising OPEC meeting and tightening net of U.S. sanctions leave it with fewer friends and fleeing customers.

One casualty of Trump's tough Iran stance? U.S. pump prices

One unintended consequence of Donald Trump’s plan to choke off Iran’s oil exports could be renewed pain at the pump for millions of Americans, a risky political prospect with mid-term elections just months away.

Some top oil buyers are thinking about shunning Iranian oil

At least some buyers of Iranian supplies in the world’s biggest oil market are considering acquiescing to U.S. President Donald Trump’s demands.

Oil gains as harder U.S. stance on Iran overshadows Saudi pledge

Oil rose to a one-month high as the risk of a supply crunch continued to buoy markets, with a U.S. demand that Iran’s customers halt their imports overshadowing Saudi Arabia’s promise to boost output.

U.S. pressing allies to end Iran oil imports by Nov. 4, official says

The U.S. is pressing allies to end all imports of Iranian oil by a Nov. 4 deadline and doesn’t want to offer any extensions or waivers to that timeline, a decision that sent oil prices surging on expectations it will tighten energy markets significantly more than expected.