OIL

Oil Middlemen, Oil Sales and a Big Question for the Government

Remarks by the President’s Executive Deputy about the sale of oil under sanctions as being “smuggling” have come as…

From Record Diesel Prices to Falling Strategic Reserves: How Hormuz Has Eroded America’s Emergency Energy Buffer

NOURNEWS – The Strait of Hormuz crisis has moved beyond the crude oil market and into refined products and US energy…

Iran’s southern coasts undergoing cleanup after oil pollution

Iran’s Department of Environment has launched operations to clean up oil pollution along the southern coasts of Qeshm…

IRGC: Two violating oil tankers targeted, 4 others quickly returned

The brave and history-making people of Iran, through the IRGC Navy, continue to exercise complete control over the…

Oil tanker violating Iran navigation route exploded in Hormuz

An oil tanker violating Iran’s announced navigation route in the Strait of Hormuz exploded after striking a naval mine.

Baghaei criticizes Kuwait for sheltering aggressors

Iranian Foreign Ministry Spokesman Esmaeil Baghaei stated that hosting Iran’s enemies and assisting in hostilities…

Iran’s oil exports continue uninterrupted as before: Minister

Iran’s Oil Minister Mohsen Paknejad says the Islamic Republic is continuing its crude oil exports steadily and as…

Iran retains its position as OPEC's second-largest oil producer

Iran's daily oil production reached 2.441 million barrels in June, allowing the country to retain its position as the…

Iran exported 50mln crude oil barrels in 2 weeks: source

Iran has exported 50 million barrels of oil in two weeks, and its income is about 3.5 billion dollars, according to a s…

US grants waiver for Iranian oil exports under Islamabad MoU

The US Department of Treasury has issued waiver for the Iranian oil exports under a memorandum of understanding (MoU)…