NOURNEWS – Amid escalating geopolitical tensions in West Asia and rising risks of disruption to energy flows through the Strait of Hormuz, the global ...

Gasoline consumption in Iran reached over 150 million liters on Tuesday, marking a 17% increase compared to the same period last year.

Iran’s gasoline consumption has increased to record highs this year as the country continues to import small shipments to meet the growing demand for ...

As the largest gasoline supplier, Iran has ramped up output by 15% this year compared to levels seen in 2022 amid a rising domestic demand for fuel.

In order to be able to make good judgments about the world's oil markets, and especially in the West, which has a major oil consumption, we need to ...

Iran's oil was in the $ 50 a barrel range last year and has fallen to very low levels with the spread of the coronavirus in the world.