Iran raises June crude prices to Asia SINGAPORE: Iran has set the official selling price (OSP) of its Iranian Light crude oil grade for Asian buyers at... Published 27 May, 2024 09:45am
Business & Finance Iran plans to raise oil output to 4m barrels per day DUBAI: Iran has approved a plan to raise its oil output to four million barrels per day, the country’s Tasnim news... Published 27 May, 2024 05:52am
World IAEA chief due in Iran as concern grows over nuclear activity TEHRAN: UN atomic watchdog chief Rafael Grossi is set to arrive in Iran on Monday, where he is expected to speak at... Published 06 May, 2024 11:57am
Markets Apr POL products’ sales down 6pc YoY KARACHI: The petroleum products sales in Pakistan recorded a decline of 6 percent on year-on-year and 4 percent on... Published 04 May, 2024 05:48am
Business & Finance Sri Lanka repays $20m Iranian oil debt with tea COLOMBO: Cash-strapped Sri Lanka said Wednesday it had exported tea worth $20 million to Iran to partially repay its... Published 22 Feb, 2024 06:55am
World Iranian foreign minister says Israel, US cannot wipe out Hamas GENEVA: Iranian Foreign Minister Hossein Amirabdollahian said on Tuesday that Israel and the United States will... Published 12 Dec, 2023 09:13pm
Markets Russian, Iranian oil sellers boost prices as Venezuelan crude rallies SINGAPORE: Sellers of sanctioned oil from Russia and Iran are hiking offer prices to China after Venezuelan crude... Published 12 Dec, 2023 05:28am
Print Smuggling of Iranian oil into Pakistan: 90 govt officials, 29 politicians found involved ISLAMABAD: Pakistan is facing loss of more than Rs60 billion annually due to smuggling of more than 2.81 billion... Updated 11 Sep, 2023 10:16am
Markets Abundant, cheap Iranian oil supply to cap Russian prices in China SINGAPORE: Rising prices of a popular Russian crude sold to China are poised to peak soon as more independent... Published 27 Aug, 2023 03:05am
Markets Russian sanctions shift oil price-making power to Asia from Europe LONDON: Western sanctions on Russian and Iranian oil have channelled cheap fuel to Asia and in the process eroded a... Published 14 Mar, 2023 12:00pm
World US targets Chinese, UAE firms in new Iran oil sanctions WASHINGTON: The United States on Monday imposed sanctions on Chinese and other firms it said helped to sell tens of... Published 01 Aug, 2022 11:04pm
BR Research Crude oil – where from here? Oil markets are predicted to be tight for next year, which means prices will stay elevated. OPEC and IEA forecast a... Published 01 Aug, 2022 08:32am
World Russia’s Putin arrives in Iran for talks on Syrian conflict, Ukraine grain DUBAI: In his first trip outside the former Soviet Union since the invasion of Ukraine, Russian President Vladimir... Published 19 Jul, 2022 11:09am
World US targets Iranian oil and petrochemical trade network WASHINGTON: The United States on Wednesday imposed sanctions on a network of people and entities it accused of... Published 06 Jul, 2022 11:02pm
Pakistan Customs staff confiscate smuggled Iranian edible oil KARACHI: The Customs Adjudication-I has ordered to confiscate a large quantity of smuggled Iranian edible oil, which... Published 29 Jun, 2022 05:44am
Markets China imports 2m barrels more of Iran oil, likely for reserves SINGAPORE: China has received a new shipment of nearly 2 million barrels of Iranian oil in the past week at a... Published 23 Jun, 2022 07:37am