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South Korea to Cut Imports of Iranian Crude
By Meeyoung Cho SEOUL, June 24 (Reuters) – South Korea has pledged to the United States that it will cut imports of Iranian crude by 15 percent in the next six months to secure its next waiver to U.S....
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U.S. Energy Secretary: Market Can Handle Further Cuts to Iranian Oil Exports
U.S. Secretary of Energy Ernest Moniz gestures during an interview with Reuters in Vienna June 30, 2013. REUTERS/Leonhard Foeger By Fredrik Dahl VIENNA, June 30 (Reuters) – The top U.S. energy...
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Iranian Supertanker Fleet Seen Expanding Fleet Amid Sanctions
M/T Seeb, a NITC-owned VLCC Aug. 8 (Bloomberg) — NITC, Iran’s biggest tanker company, increased the capacity of its supertanker fleet by 23 percent this year amid sanctions related to the nation’s...
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Tankers Said by U.S. to Carry Iran Oil Reportedly Sold for Scrap
An Iranian supertanker seen anchored off Singapore in this March 1, 2012 file photo. (c) REUTERS/Tim Chong By Isaac Arnsdorf Aug. 20 (Bloomberg) — Three of eight tankers that the U.S. Treasury said...
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EU Court Rules to Lift Sanctions Against Iran’s IRISL
By Justyna Pawlak and Jonathan Saul BRUSSELS/LONDON, Sept 16 (Reuters) – The European Union’s efforts to impose economic sanctions on Iran suffered a new setback on Monday when a top court ruled that...
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EU May Sanction Iranian Shipping Line Despite Court Order
BRUSSELS, Oct 24 (Reuters) – European governments have taken preliminary steps to re-impose sanctions against Iran’s main cargo shipping line, potentially complicating a new diplomatic push to settle...
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Iranian Nuclear Deal Could Mean 400,000 BPD in Additional Crude Exports
By Daniel Fineren DUBAI, Nov 24 (Reuters) – Iran’s nuclear deal with the West is not intended to let more of its oil into the market, the White House said, but an easing of the ban on European shipping...
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Iran Oil Minister Completely Ignores Crude Export Limit Set in Nuclear Deal
NITC-owned tanker, image: NIOC By Golnar Motevalli and Anthony DiPaola May 8 (Bloomberg) — Iran will export crude oil at the maximum level possible, regardless of restrictions imposed in an interim...
View ArticleNew York Journalist Is Aboard Iranian Ship
(Reuters) An Iranian cargo ship carrying aid and activists crossed into the Gulf of Aden on Sunday and will reach Yemen’s Hodaida port on May 21, Iranian media reported, in a challenge to Saudi-led...
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Iranian Crude – European To Import 300,000+ Barrels A Day
by Hashem Kalantari Deena Kamel (Bloomberg) Iran will start sending 300,000 barrels a day of crude to Europe, 54 percent of the total it shipped before authorities on the continent put an embargo in...
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Iran Oil Embargo – First Tankers Depart For Europe Since Sanctions End
by Anthony Dipaola & Hashem Kalantari (Bloomberg) Iran loaded its first cargo of oil aboard tankers to Europe since international sanctions ended, signaling more supplies will add to the global...
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Yemeni PM Claims Fishermen Have Seized Iranian Ship
DUBAI (Reuters) – An Iranian vessel with 19 sailors on board has been seized near a Yemeni island by local fishermen, Yemen’s prime minister said on Saturday. There was no immediate official Iranian...
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