Tag: Petroleum industry in Iran
Chinese Bank Stops Iranian Oil Transactions Ahead of US Sanctions
Iran's Oil Minister Bijan Namdar Zanganeh played down President Trump's attempts to "zero down Iran's crude exports," warning that the US sanctions will only inflame the market.
Trump to Chair UN Security Council, Target Iran
Iran faces a potentially crushing loss of oil exports when US sanctions return in November.
Israel Refuses to Pay $1.1 Billion Swiss Court Award to Iran
Israel rejects a Swiss court decision granting $1.1 billion to Iran after an oil deal went sour after the Islamic Revolution.