Posts tagged as oil exports

‘A significant shift’: US oil for Belarus reaches Lithuania

Tuesday, June 9, 2020

The first shipment of US oil for Belarus reached Lithuania on Friday, marking a “significant shift” for Minsk as it seeks to reduce its energy dependence on Moscow, according to Lithuanian Foreign Minister Linas Linkevičius. Amid standoff with Moscow over tariffs, Belarusian President Alexander Lukashenko previously called for a third of the country’s oil exports to come via Baltic ports. Belarus has already imported oil shipments from Saudi Arabia and…

Iranian naval mines likely used in UAE tankers attacks

Wednesday, May 29, 2019

U.S. National Security Adviser John Bolton said on Wednesday that attacks on oil tankers off the coast of the United Arab Emirates this month were the work of “naval mines almost certainly from Iran”. The UAE has not yet blamed anyone for the sabotage of four vessels, including two Saudi tankers, which was followed two days later by drone strikes on oil pumping stations in Saudi Arabia. Riyadh accused Tehran…

Iran sanctions: Rouhani defiant as US re-imposes measures

Monday, November 5, 2018

Iran’s President Hassan Rouhani has vowed to “break” swingeing sanctions re-imposed by the US targeting core parts of the economy. The Trump administration is restoring all sanctions lifted under the 2015 nuclear deal in a bid to pressure Iran. They will hit oil exports, shipping and banks, and make it difficult to do business with the oil-rich nation. But Mr Rouhani struck a defiant tone, saying that Iran would “continue…

Iran says Trump should stop interfering in Middle East if he wants cheap oil

Wednesday, September 26, 2018

U.S. President Donald Trump should stop interfering in the Middle East if he wants the price of oil to stop rising, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Wednesday. “Mr Trump is trying to seriously reduce exports of Iran’s oil and also ensure the price of oil does not go up, but these two cannot happen together,” Zanganeh said, according to the Iranian Students’ News Agency. “If…