Iran
News
October 29, 2024
(Bloomberg) — Israel refrained from striking Iran’s energy infrastructure in its long-awaited bombardment of the OPEC nation over the weekend, sending crude prices crashing, and turning many traders' options bets worthless
News
October 22, 2024
(WO) — Oil prices persevered as traders tracked tensions between Israel and Iran, with strikes continuing amid U.S. efforts to facilitate a cease-fire agreement.
News
October 18, 2024
An oil terminal Iran built to bypass the vital Strait of Hormuz appears to have partially filled with crude — offering Tehran a means to get a little of its oil into the world without using the waterway.
News
October 17, 2024
In response to rising tensions in the Middle East, Rystad Energy is sharing analysis from its local team on the potential implications for the region‘s upstream sector and the global oil and gas market.
News
October 16, 2024
Iran suffered an oil leak just a few miles from Kharg Island, its top export terminal in the Persian Gulf, according to a local news source and shipping official.
News
October 15, 2024
Oil prices dropped and concerns over supply chain disruption were eased Tuesday after a report that Israel may avoid targeting Iran’s crude infrastructure. Traders’ focus is now turned back to the International Energy Agency’s expectations of a surplus early next year.
News
October 11, 2024
The U.S. broadened the scope of its sanctions on Iran’s oil and gas sectors in response to a ballistic-missile attack on Israel, ramping up economic pressure on Tehran.
News
April 17, 2024
The idea of placing sanctions on importers of Iranian oil has been swiftly gaining momentum in Congress following the nation’s direct attack on Israel, and House and Senate leaders have been in discussions about how to move forward with legislation to do so.
News
April 14, 2024
Trading resumed at 6pm New York time on Sunday. The risk of a direct Iranian attack on Israel was already at least partly priced in — benchmark Brent crude, up 17% so far this year, passed $90 a bbl after the strike on Iran’s embassy.
News
March 15, 2024
Iranian companies were granted $13 billion in contracts on Sunday to boost production from six oil fields by as much as 350,000 bpd. The flagship projects include the development of the giant Azadegan field, which has an estimated 32 Bboe reserves, and Azar, both of which are shared with Iraq along Iran’s western and southwestern borders.