EghtesadOnline: Oman's Foreign Minister Yusuf bin Alawi held talks with his Iranian counterpart, Mohammad Javad Zarif, in Tehran on Saturday, as tensions mount in the Persian Gulf over oil tankers.
EghtesadOnline: Iran on Sunday urged Britain to prevent "domestic" forces from exploiting the rift between the two countries over seizure of oil tankers to escalate bilateral tensions, but said it is ready for any scenario.
EghtesadOnline: Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
EghtesadOnline: Labour Party Leader Jeremy Corbyn called for the British government to abstain from escalating tensions with Iran without “credible evidence” by accusing Tehran over the recent attacks on two oil tankers in the Sea of Oman.
EghtesadOnline: Iran’s mission to the United Nations bluntly dismissed as untrue the US allegations over Thursday’s attacks on two oil tankers in the Sea of Oman after Washington blamed Tehran for the attacks.
EghtesadOnline: As OPEC discusses the deepest cuts to oil production in years, one group of people in the energy supply chain are preparing reductions of their own: analysts paid to monitor how much crude tankers can earn from hauling cargoes.