Iran says EU can help salvage the JCPOA enabling Iran to keep its current oil exports.

Iran says a deal has been signed with Oman that would expedite an ambitious scheme to pipe natural gas to the Persian Gulf sultanate before turning it into liquefied natural gas (LNG) for exports to global markets. 

Petroleum Minister Bijan Zanganeh says global oil markets have remained unfazed by the US president's recent rhetoric against Iran's nuclear deal.

Mahammad Sanusi Barkindo, the secretary general of the Organization of the Petroleum Exporting Countries (OPEC), in a letter congratulated Iran’s Petroleum Minister Bijan Zanganeh for his reappointment.

Iran’s Petroleum Minister Bijan Zanganeh has blamed a recent rise in US oil production for the plunge in global prices of crude oil.

Iran’s Oil Minister Bijan Zanganeh says the country expects to see a boost in foreign investment in its oil sector projects after the re-election of President Hassan Rouhani last week.

Iran’s Petroleum Minister Bijan Zanganeh says the country would favor oil prices at around $55 per barrel.

Iran is set to sign a contract with Russia in 15 days to sell 100,000 barrels per day of oil to Moscow.

Iran’s Petroleum Minister Bijan Zanganeh says he expects the balance to be restored in the oil market between supply and demand.