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U.S. seizes Iranian oil cargo near Greek island: sources

ATHENS/LONDON: The United States has confiscated an Iranian oil cargo held onboard a Russian-operated ship near Greece and will send the cargo to the...

India wants to extend Iran oil sanctions waiver

India has reduced its purchases of Iranian oil, but has been in talks on extending a sanctions waiver

India set to buy Iranian oil for emergency reserves

NEW DELHI: India is set to buy 6 million barrels of Iranian crude for its strategic oil reserves as negotiations with the United Arab Emirates' national oil company for supplies are stuck over commercial terms, industry sources said.

ASP said to be involved in Iranian oil smuggling

KARACHI: An assistant superintendent of police (ASP) is said to be involved in the smuggling of Iranian oil in the country, ARY News reported.

Global oil demand growth to slow in 2016: IEA

PARIS: The world's demand for oil is expected to slow in 2016 in response to a more pessimistic outlook for the global economy, the International Energy Agency (IEA) said Tuesday.

Iranian oil import costing country billions, says Malik

KARACHI: Pakistan People's Party (PPP) Senator Rehman Malik has said that the country is facing economic losses worth billions of rupees due to the import of Iranian oil, ARY News reports.
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