OIL

Iran's oil min. rebukes US treasury chief on fuel shortage

Iran’s caretake oil minister has lashed out at US Treasury secretary for making baseless claims on impending fuel…

What Happened to Oil Prices Amid the War on Iran?

NOURNEWS – The US attack on Iran and Iran’s closure of the Strait of Hormuz have driven the cost of shipping oil from…

Investment security key to global gas market stability

Ali-Mohammad Mousavi, deputy of Iranian oil minister for international affairs says that security of investments and…

Iran cabinet reviews rebuilding of refineries, oil, gas sites

Iran's cabinet reviewed the latest steps to rebuild the country's refineries and oil and gas facilities, especially in…

Iranian Navy identifies oil tanker that caught fire in Strait of Hormuz

The Iranian Navy says it has identified a non-compliant oil tanker that sustained damage and caught fire in the…

Oil prices edge higher as traders weigh Saudi supply risks

Oil prices are continuing their upward trajectory, with Brent crude futures gaining 89 cents, or 0.8 percent, as of…

Bitcoin Falls Below $81,000: What Shook the Cryptocurrency Market?

NOURNEWS – Bitcoin’s decline below $81,000 amid mounting geopolitical concerns over the Strait of Hormuz and Bab…

Ex-Iran oil minister says his resignation had nothing to do with Trump’s claims

Former Iranian oil minister Mohsen Paknejad has emphasized that his resignation had nothing to do with claims made by…

Oil prices climb above $101 a barrel

Oil prices are continuing their upward trajectory, with Brent crude futures gaining 93 cents, or 0.92 percent, to…

Iran’s oil minister resigns, NIOC chief appointed caretaker

Iran’s Oil Minister Mohsen Paknejad has resigned from his post, giving his seat in the government to the CEO of the…