Iran’s military operations against opposition groups in Iraqi Kurdistan escalated sharply on Wednesday as it launched three sets of drone and missile attacks deep inside Iraqi territory, killing at least Continue Reading
Iran fast-tracks development of two West-Karoun oil fields with $7 billion plan. The Azadegan fields are shared with Iraq in which it forms the supergiant Majnoon field. Russian oil firms Continue Reading
The 22-year-old woman emerged from the Tehran subway, her dark hair covered with a black head scarf and the lines of her body obscured by loose clothing, when the capital Continue Reading
In an attempt to wrestle back China market share from Russia, Iran is reportedly gearing up to slash the price of its sanctioned crude oil stored offshore Singapore, The Straits Continue Reading
The negotiations to revive the Joint Comprehensive Plan of Action (JCPOA) between Iran and the P5+1 (China, France, Russia, the United Kingdom, the United States, and Germany) are, to use Continue Reading
Iran’s supreme leader, Ayatollah Ali Khamenei, canceled all meetings and public appearances last week after falling gravely ill and is currently on bed rest under observation by a team of Continue Reading
A new Iran nuclear deal is looking increasingly unlikely after U.S. Secretary of State Anthony Blinken said Iran had taken “a step backward” with its latest comments on the final Continue Reading
Iran says it is ready to continue to cooperate with the UN’s nuclear watchdog but called on the agency “not to yield to Israel’s pressure” over Tehran’s nuclear activities. The Continue Reading
Israel does not anticipate a renewal of Iran’s nuclear deal with world powers before the U.S. mid-term elections in November, an Israeli official said on Sunday, after European parties to Continue Reading
The Iranian nuclear deal will be agreed to by the end of September. That’s Fitch Solutions Country Risk & Industry Research’s core view, according to a report sent to Rigzone Continue Reading
Iraq played the role of mediator in a series of secret meetings between Iran and Saudi Arabia. Comments from MbS in April 2021 paved the way for improved relations between Continue Reading
After years of planning, Iran is moving to increase production at Phase 11 of South Pars. The first phase involves the drilling of 30 wells plus the fabrication and erection Continue Reading
Iran will raise its oil production capacity to over 4 million barrels per day (bpd) by the end of the current Iranian year that ends in March 2023, the chief Continue Reading
Iran needs stronger guarantees from Washington for the revival of a 2015 nuclear deal, its foreign minister said in Moscow on Wednesday, adding that the U.N. atomic watchdog should drop Continue Reading
Just hours after Iran said on Thursday evening that it had sent a “constructive” response to the final draft of the nuclear deal to the Biden administration, the White House Continue Reading
Iran is pressing ahead with its rollout of an upgrade to its advanced uranium enrichment programme, a report by the U.N. nuclear watchdog seen by Reuters on Monday showed, even Continue Reading
Progress toward an Iranian nuclear deal has thrown the spotlight onto a sizeable cache of crude held by Tehran that could be swiftly dispatched to buyers in the event an Continue Reading
The United States and Iran have found a way to address the U.N. nuclear watchdog’s investigations of Tehran’s atomic program that allows both to claim victory for now but delays Continue Reading
Iran has considerable volumes of oil in floating storage that it could quickly release should a deal with the United States be finalized. In an update earlier this month, OilX Continue Reading
While Iran says it isn’t trying to build nuclear weapons, a look at its key facilities suggests it could develop the technology to make them. WSJ breaks down Tehran’s capabilities Continue Reading
Russia and Iran are building the foundation for a potential natural gas cartel. The Russia-Iran alliance aims to control as much of the two key elements in the global supply Continue Reading
Iran will soon begin the development of the Esfandiar oil field. Production from Esfandiar is expected to begin within the next three years. Iran is developing its oil and gas Continue Reading
Last week’s attack on author Salman Rushdie and the indictment of an Iranian national for plotting to murder former national security adviser John Bolton have given the Biden administration new Continue Reading
Iran could increase its oil exports in August as its crude is now estimated to be much cheaper than Russia’s in China, the key oil customer for both exporters, oil Continue Reading
The $40Bn Iran–Russia deal for joint development of offshore fields in the Middle Eastern country could fall through due to corrosion issues. Iran and Russia face significant challenges in their Continue Reading
Iran has delivered a response to the latest proposal of a nuclear deal being brokered by the European Union. Iranian media notes that there are still three issues that remain Continue Reading
Iran on Monday said there were several issues with the nuclear-deal draft text that the U.S. needs to address before Tehran can agree to it, leaving the fate of the Continue Reading
The prospect of an imminent new “nuclear deal” between the West and Iran is looking increasingly unlikely. A senior political and oil industry analyst highlights that there is very little Continue Reading
Iran will respond to the European Union’s “final” text by midnight on Monday, Iranian Foreign Minister Hossein Amirabdollahian said, calling on the United States to show flexibility to resolve three Continue Reading
Whether or not Tehran and Washington accept a European Union “final” offer to revive the 2015 Iran nuclear deal, neither is likely to declare the pact dead because keeping it Continue Reading
Unnamed Iranian diplomat says that proposal for nuclear deal by EU could be acceptable. Iran has been seeking assurances that no other U.S. president could unilaterally withdraw from the deal. Continue Reading
Speculation that a new Iran nuclear deal could soon be agreed upon has added downward pressure to oil prices, although the disruption of Russian oil flows to Central Europe is Continue Reading
The United States stands ready to “quickly conclude a deal” to revive the 2015 Iran nuclear agreement on the basis of proposals put forward by the European Union, a State Continue Reading
Iran’s chief negotiator in the nuclear talks, Ali Bagheri-Kani, in Vienna on Thursday. The U.N. probe into the man-made nuclear material found in Iran is highly sensitive for Tehran, which Continue Reading
While Iran says it isn’t trying to build nuclear weapons, a look at its key facilities suggests it could develop the technology to make them. WSJ breaks down Tehran’s capabilities Continue Reading
The U.S. is considering sanctions that would target a United Arab Emirates-based businessman and a network of companies suspected of helping export Iran’s oil, part of a broader effort to Continue Reading
With high oil prices and an incredibly tight physical oil market, Iran’s oil industry is bouncing back and providing the government with significant income. China, Russia, Turkey, Venezuela, and Afghanistan Continue Reading
Iran has seen its oil and condensate revenues rise by 580% between March 21 and July 21. Despite rising oil income, Iran’s inflation rate rose to 40% year-on-year. In recent Continue Reading
Gazprom’s MoU with the Iranian NIOC marks the next major step in oil and gas cooperation between the two countries. Gazprom has pledged its full assistance to the NIOC in Continue Reading
Stalled talks between world powers and Iran over a potential nuclear deal have left millions of barrels of Iranian oil hanging in the balance. The Chief of the UK’s MI6, Continue Reading
A three-way summit meeting in Tehran between the leaders of Russia, Iran and Turkey sent a clear signal that Vladimir Putin is pushing back against ostracism from the West. President Continue Reading
Ahead of Russian President Vladimir Putin’s visit to Iran on Tuesday, his second foreign trip since he invaded Ukraine in February, Russian Gazprom and the National Iranian Oil Company have Continue Reading
Israel’s caretaker prime minister, Yair Lapid, pushed President Biden on Thursday to go beyond his public commitment to stopping Iran from ever obtaining a nuclear weapon, declaring that all democratic Continue Reading
Joe Biden starts the first visit to the Middle East of his presidency with a monumental task: assuring uneasy Israeli and Saudi Arabian officials that he is committed to preventing Continue Reading
Iran plans to supply Russia with potentially hundreds of drones for its war in Ukraine, some with combat capabilities, a US official has said. White House National Security Adviser Jake Continue Reading
Iran is one of the only countries on earth with the potential to add significant oil supply to a global oil market that is desperately tight. In its latest attempt Continue Reading
Treasury targets UAE, Hong Kong entities tied to Iran sales Apparent attempt to raise pressure after latest nuclear talks Chances of JCPOA deal remain slim as US midterms loom The Continue Reading
Iran, whose energy trade is pressed by US sanctions, is ready to pump more oil as the world needs the crude to balance supply and demand and calm prices before Continue Reading
Bloomberg News Iran is being forced to discount its already cheap crude even more as a top ally gains a bigger foothold in the key Chinese market. China has become Continue Reading
The reactor building of the Bushehr nuclear power plant in southern Iran. Indirect talks between Iran and the U.S. on reviving the 2015 nuclear deal ended without a breakthrough on Continue Reading
