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oil embargo
Iran’s oil exports sliding
The International Energy Agency reports that Iran’s crude oil exports faced a sharp decline in April.
Clinton wants more cuts to Indian oil deals with Iran
U.S. Foreign Secretary Hilary Clinton wants India to further reduce its oil imports from Iran.
Iran’s oil exports to South Korea fall by 40 percent
South Korea has reduced its import of Iranian crude by 40 percent compared to this time last year.
Delay in EU assessment of sanctions on Iran
Member states of the European Union have agreed to a request from Greece to put off assessing the impact of their oil embargo on Iran, European diplomats say.
Iran oil exports continue off radar
Iran continues to export its oil, but the oil tankers transporting its crude have disabled their onboard tracking systems, making it difficult to assess the details of its oil deals.
Iran halts oil exports to Spain
Iran says it has completely stopped oil exports to Spain and it will continue to cut off other European countries in the coming days.
Analysts predict sharp fall in Iranian oil output
Financial firm JP Morgan predicts that Iran’s crude oil production may fall by one million barrels a day by the end of June, compared to January levels, adding that refiners have managed to reduce their demand for Iranian crude faster than had been predicted.
Clinton says Iran needs to prove peaceful intent
U.S. Secretary of State Hillary Clinton said on Sunday that Iran should back up its claim that it will not engage in the development of nuclear weapons.
