Reuters - Imports of Iranian crude oil by major buyers in Asia hit a five-year low in October, as China, Japan and South Korea sharply cut purchases ahead of U.S. sanctions on Tehran that took effect in early November, government and ship-tracking data showed. China, India, Japan and South Korea last month imported about 762,000 barrels per day ...

A new report by the International Energy Agency (IEA) shows that imports of Iranian crude oil by other countries have reached their highest level since international sanctions were imposed on Iran's energy sector. According to the Bloomberg quoting IEAs report, oil-importing nations bought the highest quantities of Iranian crude in May since the ...

TEHRAN, Jan. 22 (MNA) Oil Ministry engineering deputy has said Iran would not fear further plummets in oil prices adopting new economic measures. Seyed Emad Hosseini told reporters during a press conference on Wednesday about the Ministrys most important policies and measures to promote manufacturing of goods and machinery at home by indigenous industries;...

An Iranian trade delegation will arrive in India on Sunday to explore commercial opportunities on the same day as US Secretary of State Hillary Clinton starts her official visit. The Iranian traders' trip comes as Washington has been pressuring India to reduce its oil purchases from Iran in a bid to coax the Islamic republic to abandon its disputed ...

South Korea's imports of Iranian crude oil in February more than doubled to 8.140 million barrels, or 290,714 b/d, compared with 3.974 million barrels a year earlier, data released Tuesday by state-run Korea National Oil Corp. showed. This marks the first year-on-year increase in the country's imports of Iranian crude, after four months of decline....

China's crude oil imports from Iran during the first two months of 2014 have risen 36.2 percent year-on-year as sanctions eased against the Islamic Republic, official data show. Customs data released on Friday showed China lifted 558,877 barrels per day (bpd) of oil from Iran in January and February, Reuters reported. Chinas February oil shipments ...

(Reuters) - South Korean refiners will cut imports of Iranian crude during the six months to May by about a fifth from a year earlier, to avoid sanctions by Washington, government and industry sources told Reuters on Monday. Last week the United States granted 180-day waivers onIransanctions toChina, India,South Koreaand some other countries after ...