Tag: Iranian oil

• Friday, August 14th 2020 - 07:54 UTC

  US government seizes vessels loaded with Iranian oil in violation of sanctions, WSJ reports

  

  The US government has for the first time seized vessels allegedly loaded with Iranian fuel in violation of sanctions imposed by the Trump administration, the Wall Street Journal reported on Thursday, citing US officials.

• Tuesday, April 23rd 2019 - 09:00 UTC

  US threatens sanctions on countries that continue to purchase Iranian oil: crude hits six month highs

  

  The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran's oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch.

• Wednesday, August 22nd 2018 - 08:49 UTC

  Oil price war to begin: Saudi Arabia and Iran reignites the market

  

  The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanctions on Iranian oil.