The Trump administration has reached a critical juncture in its efforts to tighten United States oil sanctions against Iran and Venezuela.
Oil prices ran into a brick wall on Thursday, falling more than 1 percent on news that U.S. inventories jumped and OPEC may be considering...
There will be thousands of disappointed fixed income investors this morning… gutted about their low allocations on the Aramco Saudi Oil deal. The $12 billion...
Saudi Arabia has gone nuclear, threatening the petrodollar. Or has it? The report from Zerohedge via Reuters that Saudi Arabia is angry with the U.S. for considering...
A new bloc is emerging in the greater Middle East with the declared objectives of dominating the entire Arab world, confronting and containing the US...
China is taking advantage of steep discounts for Iranian and Venezuelan crude to increase its imports from the two countries sanctioned by the United States,...
Iran has, for months, been meeting with representatives from the European Union, the Eurasian Economic Union and China, in an attempt to devise new ways...
The answer to this question depends on the person you ask. Capitalism can be a blessing to those who have taken advantage of the opportunities...
The Iranian government, which had enacted a total ban on crypto in April 2018, now appears not only willing to accept it, but also promote...
Iran is on a discreet mission to procure second-hand oil tankers in order to keep exporting crude oil. This comes after U.S. sanctions on its...
The Trump administration is pushing to re-open a special investigation into the military dimensions of Iran’s past nuclear work. But it’s not gaining traction among the international officials who can make it happen.
Subsidiaries of the National Iranian Oil Company (NIOC) signed on Tuesday agreements with Iran-based companies aimed at maintaining and increasing the production capacity of nine...
The U.S. government is planning on taking a tougher line on Iran in the months ahead, redoubling its efforts to cut Iran’s oil exports down...
OPEC is facing another tough year, perhaps even tougher than 2016, and it might just need to reduce production even more to make it work.
In all the noise surrounding the latest market moves, political news and frenzy over tomorrow's Fed rate hike (or pause), an important development was missed...
On Thursday, a suicide car bomb detonated outside the police headquarters in the Iranian port city of Chabahar, killing two police officers and wounding more than 40....
Iraq, OPEC’s second-largest oil producer and one of Iran’s largest trade partners might come to enjoy even longer sanction waivers from Washington than the eight...
I had a number of comments about Monday’s porridge on the significance of Qatar pulling out of Opec, and what next for Saudi. What is...
Three countries currently account for close to 40 percent of global crude oil production and only one of these countries is a member of the Organization of Petroleum...
On the day U.S. sanctions against Iran went into effect, Brent crude traded at US$72.68 a barrel. Today, three weeks later, Brent is down to...
India’s imports of petroleum from Iran in October doubled in value terms to $1.42 billion in October, year over year. Likewise, during the first 8 months...
The Trump administration has formally imposed new sanctions on Iran aimed at hindering Iran’s oil exports – a move that had been in the works for six...
The blacklisting of Iran from international financial messaging system SWIFT serves as a warning to Washington’s enemies, but will hasten the demise of the dollar,...
The U.S. sanctions on Iran are not biting yet, as global oil markets are well supplied. In the coming weeks, Iranian crude volumes should show...
This morning it was reported that the following countries will receive 'temporary' waivers excusing them from US sanctions on Iranian oil exports. • South Korea...
In what must seem like a nightmare scenario for Iran, not only is another U.S. president leveling sanctions against its economy, and particularly that economy’s...
For decades, the U.S. was so reliant on foreign crude oil imports that it dictated much of the country’s foreign policy spanning numerous presidential administrations....
It may well be that the unilateral wrecking ball politics of the Trump Administration are bringing about a result just opposite from that intended. Washington’s...
The Khashoggi case is far from over, as current harsh statements coming from Washington are showing. Not only is there a long line of U.S....
After the resurgence of the U.S. oil industry in recent years due to hydraulic fracking and the shale oil revolution, most thought the days of...
The Iranian Daily
