U.S. President Donald Trump said on Thursday he hoped the United States was not heading to war with Iran. He also told Defense Secretary U.S. not going to war.
Oil traders anticipate a big draw down in crude stocks in the second half of this year as sanctions on Iran and Venezuela coupled with other supply disruptions and a sluggish response from OPEC cause a severe shortage.
Syria received its first foreign oil supplies for six months last week, with the arrival of two shipments including one from Iran, a source familiar with Iranian oil shipments said, easing the war-torn country’s fuel crisis.
U.S. commercial ships including oil tankers sailing through key Middle East waterways could be targeted by Iran in one of the threats to U.S. interests posed by Tehran, the U.S. Maritime Administration said in an advisory.
U.S. President Donald Trump on Thursday urged Iran's leadership to sit down and talk with him about giving up Tehran's nuclear program and said he could not rule out a military confrontation given the heightened tensions between the two countries.
Iran's economy was supposed to be helped by EU's instrument.
Europe would have to reimpose sanctions on Iran if Tehran reneged on parts of the 2015 nuclear deal with world powers, a French presidency source said on Tuesday.
Iran's Foreign Ministry will announce Tehran's "diminished commitments" to the 2015 nuclear deal to envoys of the accord's five remaining signatories on Wednesday.
An Iranian court has sentenced President Hassan Rouhani’s brother to an unspecified jail term, state news agency IRNA reported on Saturday, in a corruption case the president’s supporters allege is politically motivated.
Iranian oil exports will slide in May as the United States tightens the screws on Tehran's main source of income, industry sources said, deepening global supply losses caused by U.S. sanctions on Venezuela and OPEC-led cuts.
The United States acted on Friday to force Iran to stop producing low-enriched uranium and expanding its only nuclear power plant, intensifying its campaign aimed at halting Tehran's ballistic missile program and curbing its regional influence.
Saudi Arabia's coast guard assisted an Iranian oil tanker with engine trouble off the coast of Jeddah in the Red Sea after Riyadh received a request for help from Iran, the state news agency SPA said on Thursday.
Qatar, which hosts the largest U.S. air base in the Middle East, has spoken out against Washington's decision to block all exports of Iranian oil.
U.S. President Donald Trump's unexpected decision to ban all Iranian oil purchases after May 1 - ending exemptions for eight nations - came after hawkish economic and security advisors allayed the president's fears of an oil price hike.
Iranian President Hassan Rouhani signed a bill into law on Tuesday declaring all U.S. forces in the Middle East terrorists and calling the U.S. government a sponsor of terrorism.
U.S. Secretary of State Mike Pompeo on Monday expressed confidence that trade talks between the United States and China will not be affected by the end of Iran oil waivers this week.
U.S. Central Command chief General Kenneth McKenzie said on Saturday the United States would deploy the necessary resources to counter any dangerous actions by Iran, Sky News Arabia reported.
Two Trump administration officials said on Friday that neither a wind-down period nor a short-term waiver on China's oil purchases from Iran are being contemplated after Washington surprised Iran’s customers on Monday by demanding they halt the purchases by May 1 or face sanctions.
Turkey is trying to convince the United States to allow refiner Tupras.
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