TEHRAN (Basirat): Tehran is threatening to block the Strait of Hormuz, a crucial artery for oil shipments from the Middle East, if Iranian exports are hampered. This will result in a huge loss of global crude supply and soaring prices.
News ID: 4162 Publish Date : 2018/07/07
TEHRAN (Basirat): Donald Trump has insulted OPEC member states by ordering the organization to reduce prices, the Iranian oil minister stated, responding to the US leader’s recent criticism of OPEC for keeping oil prices artificially high.
News ID: 4161 Publish Date : 2018/07/07