Iran oil

  • Chairman of Iran-Italy Joint Chamber of Commerce Ahmad Pourfallah says that Iran should not eliminate Europe from its trade equations because it means losing part of opportunities, adding that Italians are still keen to resume cooperation with Iranians and to buy Iran oil.

  • The chairman of the Iran-Japan Joint Trade Committee says details of talks for Japan’s purchase of Iran oil have not been revealed yet but since the past, there have been some countries like Japan and South Korea which used to use Iran oil and the whole system of their refineries had been designed based on Iran’s oil.

  • "Saudi Arabia and the United Arab Emirates cannot fill Iran's oil shortage on world markets," Hedayatollah khademi, a member of Iran parliament told ILNA in an interview.

  • 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; Reuters reprted.

  • China’s Iranian oil imports are set to rebound in December after two state-owned refiners in the world’s largest oil importer began using the nation’s waiver from U.S. sanctions on Iran, according to industry sources and data on Refinitiv Eikon.

  • Iranian President Hassan Rouhani says the United States will not be able to continue its anti-Iran policies for long, because Tehran has drawn up "accurate plans" to counter them.

  • Japanese oil refiners will decide on buying Iran oil within months, president of the Petroleum Association of Japan (PAJ) Takashi Tsukioka said.

  • Deputy for Engineering and Development Affairs of the National Iranian Oil Company (NIOC) Gholam-Reza Manouchehri has announced that the country is now producing daily 3.9 million barrels of oil.