Mohsen Qamsari | Al Bawaba

Mohsen Qamsari latest

Iran’s oil exports are currently close to pre-sanction levels of around 2.5 million barrels per day. (Iberorusa)

June 13th, 2016 - 11:00 GMT

European companies line up for Iranian oil deals

Italy's Saras and Iplom, Spain's Repsol and Greece's Hellenic Petroleum have signed agreements to buy crude oil from Iran.

Kuwait’s Deputy Foreign Minister Khaled Jarallah said Saturday the market could not support a production increase from Iran, adding oil exporting countries must freeze output. (File photo)

May 16th, 2016 - 11:03 GMT

Kuwait calls on Iran to join oil production freeze plan

Al Bawaba

February 21st, 2016 - 01:00 GMT

True to their word, Iran pumps up the volume

Iran used to export 200,000 barrels per day to the European country before the US imposed sanctions. (AFP/File)

September 8th, 2015 - 02:50 GMT

Iran 'ready' for Spain oil exports to return to levels before sanctions

Iran possesses the world’s second largest reserves of natural gas and the world’s fourth largest reserves of crude oil.

May 26th, 2014 - 12:37 GMT

If you say so: Iran affirms that oil prices won't drop below 100$

Iran's crude oil exports have been rising since Tehran reached a breakthrough deal with six world powers over its nuclear energy program last November.

May 14th, 2014 - 02:55 GMT

Who's being replaced? Iran to export 400,000 bpd to China

Analysts say Iran represents the best route for energy transfer in the region as this route is shorter and less costly than Russia, Turkey and China routes.

March 19th, 2014 - 03:55 GMT

Overly confident about its infrastructure capacities? Iran to resume 1997 oil swaps