Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Iranian oil exports have improved since early November: Iran president

    Iranian oil exports have improved since early November: Iran president

    December 12, 2018
    Share
    Facebook Twitter LinkedIn WhatsApp
    *President Hassan Rouhani of Iran.

    12 December 2018, News Wires — Exports of Iranian oil have improved since early November, Iran’s president Hassan Rouhani said in a statement broadcast live on state TV on Tuesday.

    The United States imposed sanctions on Iran’s oil industry in early November and U.S. officials have said they want to reduce Iran’s oil exports to zero.

    Tensions have spiked between Iran and the United States after U.S. President Donald Trump pulled out of an international agreement on Iran’s nuclear program in May.

    He said the deal was flawed because it did not include curbs on Iran’s development of ballistic missiles or its support for proxies in Syria, Yemen, Lebanon and Iraq.

    “The goal of the Americans was to block our oil exports. I want to say frankly to our people that our oil exports after (Nov. 4) have improved by degrees,” Rouhani said. “So the Americans have been unsuccessful with regard to the oil issue.”

    The United States was also unsuccessful in preventing OPEC from cutting production, Rouhani said.

    OPEC and its Russia-led allies agreed last week to slash oil production by more than the market had expected despite pressure from Trump to reduce the price of crude.

    “The Americans were unsuccessful in this OPEC meeting and the Islamic Republic of Iran, fortunately, had some good successes,” Rouhani said. “The process of selling our oil will continue in the same way as it did before this meeting.”

    – Reuters

    Related News

    Renaissance surpasses oil output target by 40% in first month

    Aramco signs up to $90bn in US deals as Trump’s Gulf tour spurs flurry of tie-ups

    Asharami Synergy drives innovation, customer-centric fuelling solutions in aviation

    E-book
    Resilience Exhibition

    Latest News

    Gold faces weekly loss as trade optimism reduces safe-haven demand

    May 16, 2025

    Renaissance surpasses oil output target by 40% in first month

    May 16, 2025

    Ogbuku okays legal drive to tackle Niger Delta challenges

    May 16, 2025

    President Tinubu charts a new course for Nigeria’s tax system

    May 16, 2025

    Indorama sets gold standard for privatisation as veteran spokesman bows out

    May 16, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.