Iranian Minister of Petroleum Bijan Zangeneh slams the US and its allies for using oil as a political “weapon” to put more economic pressure on the Islamic Republic, emphasizing, however, that Washington will never be able to achieve its “dream” of cutting Tehran’s oil exports to “zero.” “Definitely, [the US] ...
World oil prices struck fresh 2019 peaks on Tuesday, boosting energy shares prices. Crude futures extended Monday’s sharp rally, which was triggered by a US crackdown on Iranian oil exports. Brent North Sea crude reached $74.70 per barrel Tuesday, the highest point since early November. WTI hit a similar near ...