Iran's oil exports exceed expectations in early 2019

TEHRAN – Iranian crude oil exports stood higher than expected in January and are holding steady in February, Reuters reported on Tuesday citing tanker data and industry sources.

India imports 270,500 bpd of Iranian oil in January

TEHRAN- India imported 270,500 barrels per day (bpd) of oil from Iran in January, ship tracking data reviewed by Reuters showed.

South Korea imports nearly 3m barrels of Iranian oil in January

TEHRAN- South Korea imported 12.46 million tons or 2.94 million barrels of crude oil from Iran in January, data from the country’s customs office showed.

Iraq rebuffs U.S. demands to stop buying energy from Iran

Iraqi Parliament Speaker Mohammed al-Halbusi has reiterated his country’s opposition to sanctions imposed by the United States against Iran.

India begins paying Iran for oil in rupees: official

TEHRAN- India has begun paying Iran for oil in rupees, Reuters reported quoting an Indian senior bank official as saying on Tuesday.

'More potential buyers for Iran’s oil despite U.S. sanctions'

TEHRAN – Iranian Deputy Oil Minister for International Affairs and Trading Amir-Hossein Zamaninia said despite the U.S. sanctions more oil buyers have approached the country for negotiations, Shana reported.

Zarif: U.S. should drag the world into chaos if it tries to prevent Iran’s oil export

TEHRAN – Iran’s foreign minister says the U.S. would have to resort to policies that would drag the world into a chaotic state if it tried to actually shut down Iran’s oil exports.

India likely to continue purchasing oil from Iran in 2019

TEHRAN- Senior officials in the Indian government said India is likely to continue purchasing oil from Iran in 2019, the Hindu Business Line reported.

Trump’s Iran sanctions create a triple threat to the West

The South Pars gas field in the Persian Gulf was an offshore discovery that, for oilmen, is the stuff of dreams. The largest natural gas field in the world, it stretches across the maritime border between Iran and Qatar. American economic sanctions, however, had kept it off-limits to Western energy companies for years. When the U.S. and other world powers negotiated the 2015 nuclear deal, that unlocked the potential bounty. The French oil giant Total soon signed a deal to help develop a key portion of the field and started work last year. Then Donald Trump was elected. His administration pulled out of the deal and, in late November, imposed severe economic penalties—again. Facing the threat of “secondary sanctions”—U.S. sanctions on any foreign companies doing business in Iran—Total withdrew from the South Pars, deciding, as many European companies have, that access to the U.S. market remains more important than deals in Iran. In Total’s wake, though, came the China National Petroleum Corp., a state-owned giant based in Beijing. “It’s a gift to China,” says a longtime Total adviser not authorized to speak publicly, “and a self-inflicted wound for the West.”

Receiving waivers, Iran’s Asian customers ready to resume oil imports

TEHRAN – After receiving waiver over U.S. sanctions on Iran’s oil industry, the country’s biggest oil customers in Asia, namely China, India, Japan and South Korea have announced readiness for resuming oil imports from Iran.

By Hamid Bayati

New sanctions against Iran showed U.S. irresponsibility: Daryl Kimball

TEHRAN - Daryl Kimball, executive director of the Arms Control Association in Washington believes the new sanctions against Iran showed U.S. irresponsibility. He adds the re-imposition on Nov. 5 of oil-related sanctions on Iran by the Trump administration’s compounds President Trump's reckless and irresponsible decision in May to violate the 2015 Iran nuclear deal, despite acknowledging Iran’s compliance with the accord, and reimpose sanctions.

By Ebrahim Fallahi

The impact of U.S. sanctions on Iranian oil industry, market in focus

Right from the day Trump withdrew from Iran’s nuclear deal, announcing his plan for cutting Iranian oil exports to zero, the oil scholars and experts all around the world begun contemplating the impacts of this decision on the Iranian oil industry especially on the country’s oil exports.

By Javad Heirannia

Reimposing sanctions on Iran is not in U.S. national interests: ex-senior CIA official

TEHRAN – Professor Paul Pillar, who was CIA intelligence analyst for 28 years, tells the Tehran Times that obviously with the U.S. administration reneging on the JCPOA, Iran is not getting much of the economic benefit it expected when it negotiated the agreement.  

By Javad Heirannia

Trump’s decision to reimpose sanctions on Iran only isolates Washington: Davenport

TEHRAN - Kelsey Davenport, Director for Nonproliferation Policy at the Arms Control Association says that “Trump’s decision to violate the nuclear deal and reimpose sanctions only isolates Washington, undermines U.S. credibility, and risks damaging the utility of sanctions down the road.”

S. Korean delegation to visit Iran for talks over resuming oil intakes

TEHRAN – As part of a delegation South Korean oil buyers are expected to head to Iran in the upcoming week to hold talks on resuming Iranian oil imports after a three-month halt, Reuters reported on Friday quoting sources with knowledge of the matter.

By Javad Heirannia

U.S. will not able to impose its will 100% on Iran: ex-White House official

TEHRAN – Professor Frank N. von Hippel, former assistant director for national security in the White House Office of Science and Technology says that it was a terrible mistake for the Trump Administration to take the United States out of the JCPOA.

Pompeo: Sanctions intended to change Iran’s behavior 

TEHRAN – U.S. sanctions on Iran are meant to make Tehran “change their ways”, Secretary of State Mike Pompeo said on Monday, according to Washington Examiner.

Iran’s oil exports still high despite U.S. sanctions: report

TEHRAN – Iran has sold about 1.7 million to 1.9 million barrels per day (bpd) of crude oil and condensate in September according to estimates by investment banks, tanker-tracking firms and the International Energy Agency, which is an indication that U.S. is still a long way from achieving its stated goal of zeroing out Iranian oil sales.

Iran’s oil exports total 2.2m bpd in first 2 weeks of Oct.

Iranian crude oil and condensate exports averaged 2.2 million barrels per day (bpd) in the first two weeks of October, an increase of 195,618 bpd over the full month of September, Kallanish Energy reports.

MRPL expects India to get waiver from U.S. sanctions on Iran this month

India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) expects India to get a waiver from U.S. sanctions on Iranian oil exports this month, a company official said on Tuesday.

Iran’s Sept. oil exports to India rise 111,000 bpd: report

TEHRAN – Iranian crude oil exports to India in September rose by 111,000 barrels per day (bpd) to 502,000 bpd compared to the figure for August, ADTV reported citing traders and shipping intelligence firm Kpler.

Iran says oil price rally offsetting U.S. sanctions impact

A senior Iranian official says the recent rise in oil prices has offset the impact of U.S. sanctions on Iran’s oil exports, with the country’s oil revenues up 16 percent in the past six months.

Iran, Europe about to reach oil deal, Zarif says

Foreign Minister Mohammad Javad Zarif said on Saturday evening that Tehran was closing in on an agreement to sell oil to European nations despite American threats of sanctions against any countries that do business with Iran.

U.S. dream of zero Iranian oil won’t come true: Zanganeh

TEHRAN - Iranian Oil Minister Bijan Namdar Zanganeh said on Monday that the Joint Ministerial Monitoring Committee (JMMC) meeting’s outcome was a negative response to the demands of U.S. President Donald Trump, ISNA reported.

Iran’s 4-month oil revenue up over 60% yr/yr

TEHRAN – Iran’s revenues from crude oil and oil products exports reached 419 trillion rials (about $9.98 billion) in the first four months of the current Iranian calendar year (March 21-July 22, 2018) up 60.7 percent compared to its preceding year’s same period.

Iran exports near 2.1m bpd of oil in August: report

TEHRAN - Iran shipped near 2.1 million barrels per day (bpd) of crude and condensates in August, Bloomberg reported citing ship-tracking data.

‘Impossible to reduce Iran’s oil revenue to zero’

TEHRAN – Brian O'Toole, a former senior adviser to the director of the Office of Foreign Assets Control (OFAC), says U.S. plan to reduce Iran’s oil revenue to zero is “impossible” and that the world would not be with the U.S. in re-imposing sanctions on Tehran.

Iran to continue talks on oil sale, banking ties: Zarif

TEHRAN – Foreign Minister Mohammad Javad Zarif said on Monday that despite the U.S. exit from the 2015 nuclear agreement Iran will continue talks with the remaining signatories to the accord on guaranteeing sale of oil and banking transactions.

U.S. says oil buyers may get Iran sanctions waivers

TEHRAN – U.S. Treasury Secretary Steven Mnunchin said Washington will consider waivers for countries that need more time to wind down their oil imports from Iran as the U.S. reimposes sanctions.

By Payman Yazdani

U.S. sanctions impact on Iran is mostly psychological: Italian expert

TEHRAN - Italian expert Pastori Gianluca is of the view that Trump's unilateralism has a lot to do with his domestic considerations and the U.S. sanctions impact on Iran is mostly psychological.