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LONDON (Reuters) - The volume of Iranian crude oil stored at sea has risen to as much as 8 million barrels and is likely to increase further as the Islamic Republic struggles with sanctions and a seasonal refinery slowdown, shipping sources say. Iran, OPEC's second-largest oil producer after Saudi Arabia with output of about 3.5 million barrels per day, faces tougher trade hurdles over its ...
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Democrats speak up now
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WASHINGTON (AP) - Tensions rising by the day, the Obama administration said Friday it is warning Iran through public and private channels against any action that threatens the flow of oil from the Per
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