Iran made billions of dollars, bypassed sanctions amid US blockade, top official Rezaee claims
“In the past month or two, we sold seventy million barrels of oil,” he said. “Now every day…
Trump vows to punish Iran for Houthi attacks in Red Sea; oil surges over $100
By Elwely Elwelly, Ahmed Elimam and Eman Abouhassira DUBAI, July 23 (Reuters) – U.S. President Donald Trump promised…
Explainer-China’s oil imports have plunged during the Iran war. How much will they recover?
By Lewis Jackson and Sam Li BEIJING, July 17 (Reuters) – For five years, China imported an average…
World absorbs historic Iran war oil supply loss, but depleted stocks bring risks
By Dmitry Zhdannikov, Robert Harvey and Ahmad Ghaddar LONDON, July 6 (Reuters) – The world has absorbed with…
Trump: US Took Millions of Barrels of Oil From Iran
(AP) President Donald Trump said Wednesday that U.S. operations have quietly removed millions of barrels of Iranian oil…
New data shows China came into the Iran war with over 3x the strategic oil reserves of the US
New data from the US government released this week shows just how aggressively China added to its oil…
Iran war is the biggest oil shock in history, analysts say
As the Iran war enters its fourth week, the Strait of Hormuz remains effectively closed, choking off roughly…
About 90 ships cross the Strait of Hormuz as Iran exports millions of barrels of oil despite the war
HONG KONG (AP) — About 90 ships including oil tankers have crossed the Strait of Hormuz since the…
IEA announces record oil stockpile release over Iran war supply disruptions
By America Hernandez and Alex Lawler PARIS/LONDON, March 11 (Reuters) – The International Energy Agency on Wednesday agreed…