Iranian oil exports
Iran’s oil exports hit new low as U.S. plans further sanctions
The U.S. president has announced the world market can handle further sanctions on Iranian oil exports. » read more
Britain quashes company’s plan to pay Iran in goods
The British government has blocked efforts by Royal Dutch Shell to settle its $2.3-billion debt to Iran with payments in grain or pharmaceuticals, Reuters reports. » read more
Iran ready to barter oil for goods
Iran says it is now prepared to implement its plan to trade oil for necessary goods. The Mehr News Agency reports that the National Iranian Oil Company announced that bartering crude for food and other goods could complement the usual sale of oil for its monetary value in major currencies. » read more
Iran’s oil production lowest since 1980s
OPEC’s latest report indicates that Iran produced 2.675 million barrels of oil per day in March, which according to TREND, an Azerbaijani news agency, is the country’s lowest volume of oil production since 1988. » read more
Big drop in Iranian oil exports: Reuters
Iranian oil exports in December will fall by one quarter compared to November of 2012, Reuters reports. » read more
Officials differ on approach to nuclear talks
The head of Iran’s Basij organization has urged the country’s leaders to avoid emphasizing the easing of sanctions during nuclear negotiations with the world powers. » read more
Drastic fall in Japan’s use of Iranian crude
Japan reportedly reduced its Iranian oil imports by 60 percent in October of 2012 compared to the same month last year. » read more
Swiss won’t fully comply with sanctions on Iran
Switzerland has refused to restrict transactions connected to Iranian oil exports, despite pressure from the European Union to join the international sanctions against Iran. » read more
Japan wants exemption from U.S. sanctions on Iran
Japanese media report that Japan is looking for ways to be exempt from U.S. sanctions imposed against Iran. » read more
China buying less Iranian crude
Iranian crude exports to China declined by 24 percent in September compared to the same month last year, Reuters reports. » read more














