OIL

Tehran, Baghdad need to maintain vigilance in face of enemies’ plots: Iran oil minister

Iranian Oil Minister Mohsen Paknejad says Iran and Iraq should maintain their vigilance in the face of enemies’ plots.

Iran seizes ship with 1mn liters of smuggled oil in Persian Gulf

Iranian border police have seized a ship carrying one million liters of smuggled oil in the waters of the Persian Gulf.

Iran’s oil sales in accordance with international standards: Ministry

The Oil Ministry has rejected accusations that Iran used forged Iraqi documents on its oil tankers to circumvent…

Oil industry nationalization revealed Iran’s resolve to resist intimidation: Foreign Ministry

Foreign Ministry spokesperson Esmaeil Baqaei has described March 19 as an auspicious day that showed the determination…

Iran's 1st infill drilling well project comes on stream in SP

The first well of a 35-well infill drilling project in the South Pars field has been commissioned, according to the…

Iran raises light crude price for Asian customers in March 2025

The National Iranian Oil Company (NIOC) has announced an increase in the price of Iran’s light crude oil for Asian…

Iran’s GDP grows 3.1% in 9 months, fueled by oil sector

Iran's gross domestic product (GDP) grew by 3.1% year-over-year in the first nine months of the current Iranian…

Iranian oil supply to China in set to rebound in March 2025

China's imports of Iranian oil is set to rebound in March as non-sanctioned tankers, drawn by lucrative payoffs,…

US imposes new illegal sanctions on Iran's oil exports

The United States imposed a fresh round of sanctions targeting Iran's oil industry on Monday, sanctioning more than 30…

Iran-China oil flows surge as traders circumvent US sanctions

Iran's oil shipments to China have surged this month as traders navigated logistical hurdles caused by stricter US…