Iran’s Oil Ministry denied state media reports on the Islamic state stopping its crude exports to six European countries on Wednesday. “
Tag: oil
India rejects EU call to boycott Iranian oil
European Council President Herman van Rompuy has called on India to use its influence with Iran to convince it to resume nuclear talks with the G5+1.
Iran to stop oil exports to Europe
Iran’s Oil Minister announced today that Iran will “definitely” halt the sale of crude to a number of European countries.
India will not join sanctions on Iranian oil
India, the world’s fourth largest consumer of oil, has announced that it will not impose sanctions on Iranian oil.
Iran Vote Delayed On Bill To Cut EU Oil Deliveries
Iranian lawmakers have delayed taking action on a proposed bill to immediately cut oil deliveries to Europe in retaliation for an EU oil embargo.
Iran To Vote On Banning Oil Sales To Europe
Parliament in Iran is expected today to vote on whether to stop sending oil to the European Union, its second biggest customer.
Iran says EU oil embargo will be ineffective
TEHRAN, Iran – Tehran’s intelligence chief has shrugged off a new EU ban on the purchase of Iranian oil, insisting the world economy is so diversifed that sanctions will be ineffective.
Japan oil industry likely to cut Iran imports in 3 months time
By Osamu TsukimoriTOKYO, Jan 19 (Reuters) – Japan’s oil industry is likely to cut its purchases of Iranian crude oil in about three months as Tokyo grapples with a new U.S. sanctions law, Akihiko Tembo, president of the Petroleum Association of Japan (PAJ), said on Thursday.
EU to sanction Iran bank, Greece holds up oil embargo
By Claire RosembergBRUSSELS (AFP) — EU nations Thursday agreed to sanction Iran’s central bank, freezing assets used to finance its nuclear drive, but have yet to clinch an oil embargo deal that could penalise debt-hit Greece.
Chinese premier defends oil trade with Iran
Chinese premier Wen Jiabao has defended his country’s extensive oil trade with Iran against western sanctions pressure, and yet has also warned Tehran against any effort to acquire nuclear weapons.