It’s been a month since OPEC+ said it will go ahead and gradually unwind its voluntary production cuts starting on April 1, ...

Iran first came across shale oil reserves in early 2017 near Ghali Kooh Mountain in the western Lorestan province, a field ...

According to Majedi, Iran would be able to easily sell crude oil, petroleum products ... European companies could help develop Iran’s gas fields. Regarding whether Iran and Russia would be ...

Languages: English and Farsi Oil prices surged on Friday, heading for a second consecutive weekly gain, as new U.S. sanctions on Iran intensified concerns over global supply. The latest measures ...

which gathers live data from Iranian exchanges. The loss of oil revenue, a major driver of Iran's economy, has further contributed to the country's financial crisis. Last week, the U.S. Treasury ...

The Biden Administration, which allowed Iran’s oil exports to soar from 300,000 barrels a day in 2020 to 1.7 million a day in 2024, played whack-a-mole sanctioning front companies for PR purposes.

The US has filed a civil forfeiture complaint for $47 million in proceeds from the sale last year of around 1 million barrels ...

(Bloomberg) -- Oil advanced after the US ramped up measures to hobble Iran’s crude exports, increasing pressure on Tehran amid a push for a new nuclear accord. West Texas Intermediate rose 1.6% ...

Close to a dozen US-sanctioned tankers are idling off Malaysia with Iranian crude, with some having been stationed in the oil-transfer hub for more than a month — possible sign of slowing ...

BP has received final government approval for the redevelopment of Iraq's giant Kirkuk oil fields, with an initial ... 2025 Iraq says Iran used forged Iraqi documents on oil tankers, Tehran ...

WASHINGTON, March 6 (Reuters) - President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the ...