Tag Archives: iran oil

oil Iran Oil Asia oil probels US president Donald Trump

US prepares to end Iran oil waivers; Asian buyers to be hardest hit

04 April, 2019 6:06 pm 6:06 pm

WASHINGTON/SINGAPORE (Reuters) – The United States is expected to announce on Monday that buyers of Iranian oil need to end imports soon or face sanctions, a source familiar with the situation told Reuters, triggering a 3 per cent jump in crude prices to their highest for 2019 so far. Officials in Asia opposed the expected … Read More

Iran, major powers labour to keep nuclear deal afloat

09 September, 2018 8:48 am 8:48 am

UNITED NATIONS (Reuters) – The remaining parties to the Iran nuclear deal agreed to keep working to maintain trade with Tehran despite scepticism this is possible as US sanctions to choke off Iranian oil sales resume in November. US President Donald Trump decided in May to abandon the pact and to restore economic sanctions on … Read More