Iran oil sales

South Korea restarts Iranian oil imports before waiver window shuts down

The world’s fifth-largest crude importer won a six-month waiver in November from U.S. sanctions on Tehran’s oil exports, but did not immediately start imports, mainly due to payment and insurance issues.

Energy

4th round of oil sales on internal exchange market: Iran issues statement in English

First and second rounds saw anonymous clients buy nearly a million barrels. But, there were no buyers for the third round that was held on 21 January.

Energy

Japanese Fuji Oil loads first cargo of Iranian oil since US sanctions

Japanese refiner Fuji Oil Co has lifted Iranian crude oil in the first cargo to head for Japan since the country received a waiver from U.S. sanctions on Tehran.

Energy

China proposes Iran $3 billion oil field investment under US waivers

Beijing takes advantage of U.S. sanctions waiver while EU companies balk at risk

Energy

Iran to offer another 1 million barrels of oil on domestic bourse

Tehran sought to keep its sales flowing by putting its crude on energy exchange for sale to bypass the renewed US sanctions that are targeting the country’s vital oil and banking sectors.

Energy

Private sector to bolster Iraq trade in 5-day visit

Dozens of Iranian businessmen will try to increase their investment in the neighbouring country by holding talks with Iraqi traders from all across the country. The visit comes after US Secretary of State Pompeo visited Iraq to help reduce Irans influence there.

Trade