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Iran Claims It Has Discovered New Oil Field With 53 Billion Barrels

Monday, November 11, 2019, 8:36 AM

Iran has discovered a new oil field containing 53 billion barrels of crude, President Hassan Rouhani said Sunday, a find that would increase Iran's proven reserves by over a third. The field covers 2,400 square kilometres (926 square miles) and is located in Iran's southwestern province of Khuzestan, Rouhani said in a speech aired on state TV.
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British Marines Help Seize Tanker Suspected Of Carrying Iran Oil To Syria

Friday, July 5, 2019, 8:51 PM

British Royal Marines in fast boats and helicopters on Thursday seized a supertanker suspected of carrying Iranian oil to Syria near the Mediterranean peninsula of Gibraltar, the first such detention of a ship under the terms of European sanctions targeting supplies to Syria. The delivery appeared to violate both European Union and U.S. sanctions on oil deliveries to the Iran-allied Syrian government.
 
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US Will Sanction Any Country That Imports Iranian Oil: Special Envoy

Saturday, June 29, 2019, 8:17 AM

The United States will put sanctions on any country that imports Iranian oil, and no exemptions are currently in place, US special envoy for Iran said. Quoting Brian Hook, Russia reported that the remarks came after Washington announced new sanctions directly targeting the Iranian-leadership on Monday, in which the Trump administration said it will enforce penalties on those who violate previous restrictions as well.

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