OIL

Iran, India urge broadening relations in oil, energy sectors

Iran’s Oil Minister Mohsen Paknejad and India’s Petroleum and Natural Gas Minister Hardeep Singh Puri have emphasized…

The World's Food Chokepoint: Beyond the Oil Wells

2024 statistics show that a significant part of global food security depends on chemical fertilizer exports from the…

Geopolitical Consequences of Regional Tensions for the European Economy

Nournews: In recent years, the global economy has become more dependent than ever on the stability of vital energy corr…

Iran exporting 1.4m crude bpd despite US naval blockade: IEA

The International Energy Agency (IEA) has said that Iran is exporting 1.4 million barrels of oil per day (bpd) in…

Is the Lifeline of Major Economies Still Dependent on Oil?

The United States, China, and India remain by far the world’s largest oil consumers — a statistic that shows…

Experts 'laughing' at US claims about Iran's oil production: Minister

Iranian Oil Minister Mohsen Paknejad has refuted US claims that its so-called naval blockade on Iran has caused a…

Iran Ranks 6th in the World in Terms of OPEC Income

Iran’s $45 billion income from oil sales in 2025 was announced in an OPEC report, a figure that indicates relative…

Iran Navy seizes oil tanker Ocean Koi off Gulf of Oman over maritime violations

The Iranian Navy has detained an oil tanker — Ocean Koi — in the Gulf of Oman over maritime violations and attempting…

Hormuz Shock Swallows US Exports

NOURNEWS – As tensions in the Persian Gulf escalate and the prospect of a closure of the Strait of Hormuz looms, the…

World in shock as gasoline prices hit historic highs

NOURNEWS – Amid escalating geopolitical tensions in West Asia and rising risks of disruption to energy flows through…