Sanctions-hit Iran props up economy with bartering, secret deals
Iran remains defiant in the face of US efforts to compel it to accept tougher restrictions on its nuclear program ...
Tag: oil
Chinese president urges peaceful resolution to Persian Gulf disputes
President Xi Jinping tells Iraqi Prime Minister Adil Abdul-Mahdi that "At present, the situation in the Gulf region … is ...
Iran's Guard says ready for 'any scenario' as US sends more troops to Saudi Arabia
"If anyone crosses our borders, we will hit them," says Islamic Revolutionary Guard Corps chief Gen. Hossein Salami, adding "We ...
Saudi Arabia joins US-led maritime coalition after attack on its oil industry
Riyadh says it is joining coalition in order to ensure "global energy security and the continued flow of energy supplies ...
Iran's supreme leader: There will be no talks with US at any level
"If we yield to their pressure and hold talks with Americans ... This will show that their maximum pressure on ...
The Saudi attack finds the oil market's Achilles' heel
Abqaiq, a single point of failure that could remove millions of barrels per day from the global oil market for ...
Gulf tensions continue to climb as Iran seizes another vessel
Iran's Revolutionary Guards stop vessel en route to United Arab Emirates, alleging it carried 66,000 gallons of illicit diesel fuel.
Trump pledges to help allies after attacks on Saudi oil facility
Washington blames Tehran for attack, which shut down 5% of global crude oil output. Russia urges nations worldwide not to ...
Iran claims it sold the oil carried by blacklisted tanker
After the Adrian Darya 1 turned off its tracker last week, the tanker was photographed by satellite in the Syrian ...
Iran to develop more centrifuges as US adds new sanctions
While centrifuges will speed up uranium enrichment, Tehran also gives European powers two more months to try to save the ...