Sanctions against Iran

EU hopes to resume talks with Iran in September

European Union negotiators are optimistic on the chances of reviving the nuclear deal with Iran, despite the election of hardliner Ebrahim Raisi as the country’s new president, a senior EU official said Saturday, …

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Ebrahim Raeisi urges U.S. to lift anti-Iran sanctions

Iran's President-elect Ebrahim Raeisi called on the United States on Monday to fulfil its commitments under the 2015 nuclear deal, ruling out new negotiations on the country’s nuclear program. Addressing his first press …

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Lukoil VP predicts how much oil Iran can offer to market

If sanctions are lifted, Iran will be able to offer up to 1.5 mln barrels of oil per day to the market in the near time, Vice President of Lukoil Leonid Fedun told reporters on the sidelines of the St. Petersburg International Economic Forum on …

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Iran may disrupt OPEC + market balancing strategy

A group of some of the world’s most powerful oil producers agreed on Tuesday to continue gradually easing production cuts amid a rebound in oil prices. OPEC and its oil-producing allies, known as OPEC+, will boost output in July, in accordance with the group’s April decision to return 2.1 million barrels per day to the market between May and July

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Iran denies supply of oil to United States

Tehran denies information about oil supplies from Iran to the United States, the representative of the Oil Ministry, Kasri Nuri said. Yesterday, different outlets, citing data from the Energy Information Administration of the US …

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Iranian President: West agrees to lift all sanctions

The countries involved in negotiations on renewing the nuclear deal with Iran had agreed to lift all major sanctions on Iran, Iranian President Hassan Rouhani announced on Thursday, according to the Iranian Fars News Agency. "All …

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Iran gears up for return to oil market

Iran is preparing to ramp up global oil sales as talks to lift U.S. sanctions show signs of progress. But even if a deal is struck, the flow of additional crude into the market may be gradual. State-controlled National Iranian Oil Co. …

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