The Iranian economy has crumbled drastically over the past year, due to chronic mismanagement, corruption and international ...

The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

IRANIAN oil workers are still on strike over unpaid wages after a partial victory this week. The dispute sparked an unofficial walkout at the Bushehr Petrochemical Complex outside the port city of ...

SINGAPORE, March 21 (Reuters) - Iranian oil shipments into China are set to fall in the near-term after new U.S. sanctions on ...

The past few decades in Iran have been a natural experiment in the effect of economic sanctions. Iran has more of a market ...

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 ...

The US president has issued an unusually critical assessment of Vladimir Putin, saying he was angered when the Russian ...

Federal officials have sanctioned a Chinese oil refinery, as well as an oil storage facility and their owners to cut off ...

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 ...

NEW YORK (Reuters) -Oil prices settled higher on Friday and recorded a second consecutive weekly gain as fresh U.S. sanctions on Iran and the latest output plan from the OPEC+ producer group ...

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 ...