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iran
/ News

Iran will pre-sell crude oil to its own citizens to fight back against US sanctions

Iran has decided to pre-sell the country's oil, the main source of the Islamic Republic's income, to its citizens by offering oil bonds and the government has said it intends to put the oil on the stock market in the ...
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U.S. loses Iran arms embargo bid as Putin pushes summit to avoid nuclear deal showdown
/ News

U.S. loses Iran arms embargo bid as Putin pushes summit to avoid nuclear deal showdown

The United States lost a bid on Friday to extend a U.N. arms embargo on Iran as Russian President Vladimir Putin proposed a summit of world leaders to avoid “confrontation” over a U.S. threat to trigger a return of all ...
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rig
/ News

In Diplomatic Doubleheader, U.S. Seizes Iranian Fuel From Ships Headed to Venezuela

WASHINGTON — The United States has seized more than 1.1 million barrels of Iranian fuel that was headed to Venezuela, officials said on Friday, in a high-seas handover that blocked two diplomatic adversaries from evading American economic sanctions.Read the full ...
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drilling-rig
/ News

Oil jumps 4% to the highest in 5 months after the EIA reports an inventory drop

Oil prices gained Wednesday to their highest levels since March after the US Energy Information Administration reported that crude inventory fell last week.Read the full article here ...
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Steinitz on breaking the Arab boycott and becoming an energy superpower
/ News

Steinitz on breaking the Arab boycott and becoming an energy superpower

Steinitz's proposal will increase the country’s use of solar energy from just a few percentage points today to 30% within the next 10 years. Read the full article here ...
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