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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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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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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Moscow: ‘If the United States implements a naval blockade over the Russian oil trade, it will amount to declaration of war against Russia under the international laws,’ warned the head of the Russian Senate’s Information Policy Committee, Alexey Pushkov. At the same time, Pushkov criticised the statements made by the US Interior Secretary regarding Russia […]
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London/Washington: The oil rates jumped by 2% on Monday to settle at $80 per barrel. This takes the oil rates to its highest level since November 2014. This jump will continue and by the beginning of the year 2019, the oil rates would cross $100 per barrel, warned the companies from the oil sector. Severe […]
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Tehran: ‘The United States will have to pay a heavy price if it makes the mistake of stopping the Iranian crude exports. Iran will stop the entire crude oil movement from Arabian nations, passing through the Strait of Hormuz if the United States makes this mistake,’ warned the Iranian military chief, Major General Mohammad Hossein […]
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Tehran: Iran, terrified with the threat of new sanctions by the United States, has indicated that it will accept Gold for Oil deals with the African countries, in an effort to save the Iranian economy. As per the information given by Hassan Khosrojerdi, who is associated with the Rouhani government, Iran is preparing to make […]
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Washington/Riyadh: President Trump has warned the leading countries in OPEC, the association of the oil producing countries, that if they do not take proper measures to reduce oil prices, the United States will not be responsible for their safety. Only last week, President Trump had made a sensational claim that King Salman of Saudi Arabia […]
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Tehran: Iranian oil exports have taken a hit due to the sanctions imposed by the United States. ‘If Iranian oil export is stopped from reaching its destination countries, Iran too will not allow oil from other countries to transport, thus threatened the Iranian President to block the Strait of Hormuz. The Iranian Quds Force’s Chief, […]
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Washington: Last year US President Barak Obama had taken a decision, to permit the US companies to export fuel once again. After this, merely within a year US oil and natural gas exports seem to have grown rapidly. According to the November figures, US has achieved success in exporting more than 7 billion cubic feet of […]
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