Iran is investigating a fire that sank one of its largest navy ships early Wednesday in the Gulf of Oman, according to Iranian state media, the latest blow to the country’s Continue Reading
A major oil refinery in Tehran is now engulfed in a huge blaze just hours after on Wednesday morning the Islamic Republic’s largest warship caught fire and sank in the Continue Reading
Owner: National Iranian Oil Refining & Distribution Co. and private owners Overall capacity: 250,000 b/d Notes: Operations are expected to resume June 3 at the Tehran refinery, according to oil Continue Reading
Iran and world powers have started what could be their final negotiations to revive a 2015 nuclear accord that limited the Islamic Republic’s atomic activities in return for sanctions relief. Continue Reading
Iran’s production of nuclear fuel plunged in recent weeks, the United Nations atomic agency reported on Monday, following alleged sabotage of its main nuclear facility in April that Tehran has blamed Continue Reading
Iran can boost its crude oil production to as much as 6.5 million barrels per day (bpd) when the U.S. sanctions on its oil industry are lifted, Iranian Oil Minister Continue Reading
Iran has started sending crude oil via the Goreh-Jask pipeline that passes by the Strait of Hormuz and ends at the port city of Jask in the Gulf of Oman, Continue Reading
The first Iranian oil shipment in years reached the U.S. shores in March, Reuters has reported , citing data from the Energy Information Administration. The data showed that more than Continue Reading
Iran presidential election on June 18 Zanganeh planning to leave office More oil could go to domestic refined output Iran could “easily” boost its oil production capacity to 6.5 million Continue Reading
According to senior political and economic sources who work closely with the current Iranian government exclusively spoken to by OilPrice.com last week, the U.S. has agreed to a tentative removal Continue Reading
