Iran To Cut Oil Supplies
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Oil Rises Over $1 As Iran Crisis Disrupts Middle East Supply
Brent rose $1.11, or 1.4%, to $82.53 a barrel, after closing at its highest since January 2025 on Tuesday. US West Texas Intermediate crude rose 79 cents, or 1.1%, to $75.37, after settling at its highest since June.
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India Most Vulnerable To Prolonged Disruptions To Mideast Oil, Analysts Say
India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the Middle East conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.
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Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
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Trump Administration Split Amid India, China Resistance To Iran Sanctions
Shortly after US President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling countries around the world the clock was ticking for them to cut oil purchases from the Islamic Republic to zero. The strategy is meant to cripple Iran's oil-dependent economy and force Tehran to quash not only its nuclea...
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Iran Replaces Saudi Arabia As 2nd Largest Oil Supplier To India
Iran was the second-biggest oil supplier to Indian state refiners between April and June, India's oil minister Dharmendra Pradhan said today, replacing Saudi Arabia as companies took advantage of steeper discounts offered by Tehran.
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India Will Lose "All Other Privileges" If It Cuts Oil Imports, Warns Iran
Iran on Tuesday criticised India for not fulfilling its promise of making investments in expansion of the strategically located Chabahar port and said New Delhi will stand to lose "special privileges" if it cuts import of Iranian oil.
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"Have Plan B, Plan C, Plan D": Indian Oil Amid Trump Pressure On Iran
One of Irans biggest oil buyers said it has enough alternative sources of crude to replace any supplies cut off by U.S. sanctions on the Persian Gulf state -- even if shipments stop completely.
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Iran says may cut oil to more European countries
Tehran is considering extending an oil embargo on France and Britain to other European countries, a semi-official Iranian news agency reported on Monday.
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Iran state TV says oil cut to six European Union nations
Iranian state TV says Tehran has cut oil exports to six European countries in response to European Union sanctions, which include a boycott of new oil contracts with Iran. No details were immediately made available on the Press TV report on Wednesday, including which six nations were affected by the decision.
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Iran threatens to cut oil supply to India: Report
Iran has threatened to cut oil supplies to India by the beginning of August if billions of dollars in what it said are overdue payments for crude oil are not made.The semi-official Fars news agency quoted an unidentified senior Oil Ministry official as saying it will not authorise shipments of crude oil to India as of August 1 if overdue payments a...
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Oil Rises Over $1 As Iran Crisis Disrupts Middle East Supply
Brent rose $1.11, or 1.4%, to $82.53 a barrel, after closing at its highest since January 2025 on Tuesday. US West Texas Intermediate crude rose 79 cents, or 1.1%, to $75.37, after settling at its highest since June.
-
India Most Vulnerable To Prolonged Disruptions To Mideast Oil, Analysts Say
India, a fast-growing oil consumer, is the country most vulnerable to crude supply shocks if the Middle East conflict leads to a prolonged disruption in shipments from the region, mainly because of its thin reserves, analysts said.
-
Why We Needn't Worry About Oil Prices Amidst Israel-Iran Conflict (For Now)
The unexpected attack by Israel on Iran, a major oil-producing nation, may undermine anaemic global economic growth and hinder central banks ability to cope in an already uncertain market.
-
Trump Administration Split Amid India, China Resistance To Iran Sanctions
Shortly after US President Donald Trump announced in May he would reimpose sanctions on Iran, the State Department began telling countries around the world the clock was ticking for them to cut oil purchases from the Islamic Republic to zero. The strategy is meant to cripple Iran's oil-dependent economy and force Tehran to quash not only its nuclea...
-
Iran Replaces Saudi Arabia As 2nd Largest Oil Supplier To India
Iran was the second-biggest oil supplier to Indian state refiners between April and June, India's oil minister Dharmendra Pradhan said today, replacing Saudi Arabia as companies took advantage of steeper discounts offered by Tehran.
-
India Will Lose "All Other Privileges" If It Cuts Oil Imports, Warns Iran
Iran on Tuesday criticised India for not fulfilling its promise of making investments in expansion of the strategically located Chabahar port and said New Delhi will stand to lose "special privileges" if it cuts import of Iranian oil.
-
"Have Plan B, Plan C, Plan D": Indian Oil Amid Trump Pressure On Iran
One of Irans biggest oil buyers said it has enough alternative sources of crude to replace any supplies cut off by U.S. sanctions on the Persian Gulf state -- even if shipments stop completely.
-
Iran says may cut oil to more European countries
Tehran is considering extending an oil embargo on France and Britain to other European countries, a semi-official Iranian news agency reported on Monday.
-
Iran state TV says oil cut to six European Union nations
Iranian state TV says Tehran has cut oil exports to six European countries in response to European Union sanctions, which include a boycott of new oil contracts with Iran. No details were immediately made available on the Press TV report on Wednesday, including which six nations were affected by the decision.
-
Iran threatens to cut oil supply to India: Report
Iran has threatened to cut oil supplies to India by the beginning of August if billions of dollars in what it said are overdue payments for crude oil are not made.The semi-official Fars news agency quoted an unidentified senior Oil Ministry official as saying it will not authorise shipments of crude oil to India as of August 1 if overdue payments a...
