Houthi rebels will bring Saudi Arabian oil exports to zero, warns Iranian newspaper

Houthi rebels will bring Saudi Arabian oil exports to zero, warns Iranian newspaper

Riyadh/Tehran: The Houthi rebels in Yemen launched a drone attack on the Najran airport in Saudi. This is the third attack on the airport by the Houthi insurgents, in the last three days. An Iranian newspaper has warned Saudi not to ignore these attacks. The Iranian newspaper stated that the Houthi rebels could bring the […]

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If Iran is blocked, we will block the oil exports from the Gulf, Iranian President warns US

If Iran is blocked, we will block the oil exports from the Gulf, Iranian President warns US

Tehran/Geneva: In an apparent threat Iranian President Hassan Rouhani said, “The United States cannot stop the Iranian oil exports. However, if the United States tries to stop Iranian oil exports in the times to come, Iran will not let a single drop of Gulf oil to pass through the Persian Gulf.” A few hours ago, […]

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Iranian oil exports decline by 46% after the harsh US sanctions, say Iranian and international organisations

Iranian oil exports decline by 46% after the harsh US sanctions, say Iranian and international organisations

Tehran/London: Iran has started feeling the heat of the harsh sanctions imposed by US President Donald Trump. The Iranian oil exports have shown a decline to the extent of 46% compared to last year. The slide is not expected to stop here but may increase further in the coming months, said the Iranian officials. As […]

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US intensifies Trade war against OPEC & Russia; US crude oil exports to Europe hits record levels

US intensifies Trade war against OPEC & Russia; US crude oil exports to Europe hits record levels

Washington: The United States seems to have reaped the benefits of the agreement signed between the main organisation of oil-producing countries, OPEC and Russia for raising oil prices. Russia and OPEC had signed an agreement to reduce oil production with the objective of creating a hike in oil prices. The United States has taken advantage […]

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Iran threatens to resume Uranium enrichment if no cooperation in oil and banking sector in the next 60 days

Iran threatens to resume Uranium enrichment if no cooperation in oil and banking sector in the next 60 days

Tehran: While the United States has been preparing to corner Iran through sanctions, Iran has issued a stern warning to the other signatory countries in the Iran nuclear deal. “If the decisions to bail out the Iranian banking and oil sector are not taken within the next 60 days, Iran will violate some of the […]

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Iran infuriated by the new US sanctions threatens to stop oil movement through Hormuz

Iran infuriated by the new US sanctions threatens to stop oil movement through Hormuz

Tehran: The Iran navy chief roared ‘If Iran cannot export oil through Hormuz, no one else will be allowed to transport oil, through this sector.’ A third of the oil movement in the world passes through the Strait of Hormuz. This increases the seriousness of the threat, issued by the Iranian naval chief. One of […]

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Iranian defence forces ready to protect Iranian oil tankers from US attacks, assert Iranian officials

Iranian defence forces ready to protect Iranian oil tankers from US attacks, assert Iranian officials

Tehran/Washington: ‘The Iranian defence forces are prepared to protect the Iranian oil tankers, as they were previously’, asserted the officials from the Iranian defence forces. Therefore, the Iranian oil tankers can take any marine route they wish, without any fears.’ Only last week, the United States had warned of action against the Iranian oil tankers. […]

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Don’t permit Iranian oil tankers to dock at your ports if you don’t want trouble, warns US State Department

Don’t permit Iranian oil tankers to dock at your ports if you don’t want trouble, warns US State Department

Washington: The western countries are continuing cooperation over crude oil with Iran despite the US-imposed sanctions, have been issued a stern warning by the United States saying, ‘No country should let the Iranian oil tankers dock in their ports or even enter their country waters. If any state allows an Iranian oil tanker to enter […]

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