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Iran says oil barter deal with Russia very hard to seal

Reuters: Iran and Russia will find it hard to agree any oil or gas trade deal because they are rivals in both markets, Iran's deputy oil minister for international trade said on Monday. Iran and Russia have been discussing various ways of increasing bilateral trade.


Rouhani says Iran sanctions will unravel in months

Reuters: President Hassan Rouhani said on Tuesday international sanctions on Iran would unravel in months following negotiations with world powers on its nuclear program, the official IRNA news agency reported.


Iran to maintain daily oil sales at 1 million barrels into July

Bloomberg: Iran anticipates maintaining crude exports at about 1 million barrels a day until at least July when a deal with global powers over its nuclear program will be renewed or expire, the nation’s deputy oil minister said.


Iran talking to EU businesses about future investment, Seif says

Bloomberg: Iran, whose economy has been crippled by penalties imposed by the West over its refusal to halt uranium enrichment, has maintained a dialog with investors and is confident it could attract investment in the automobile, steel and heavy machinery industries, central bank governor Valiollah Seif said.


Iran Feb oil shipments highest since sanctions began: IEA

Bloomberg: Iran’s crude shipments in February were the highest since the imposition of Western sanctions that have crippled its oil-dependent economy, according to the International Energy Agency. Imports of Iranian oil were 1.65 million barrels a day in February, the highest level since June 2012, the IEA said.