China’s imports of Iranian oil have held above half a million barrels per day on average for the last three months, traders and ship-tracking firms said, as buyers judge that Continue Reading
A drone attack that targeted the Iraqi prime minister on Sunday was carried out by at least one Iran-backed militia, Iraqi security officials and militia sources said, weeks after pro-Iran Continue Reading
Iran said on Monday that the United States should provide guarantees that it will not abandon again Tehran’s 2015 nuclear deal with world powers if talks to revive the agreement Continue Reading
The Pentagon on Wednesday rejected claims by Iran’s Revolutionary Guards that they thwarted an attempt by the United States to detain a tanker carrying the Islamic Republic’s oil in the Continue Reading
Iran’s talks with world powers aimed at reinstating a 2015 nuclear deal will resume on Nov. 29, its top nuclear negotiator, Ali Bagheri Kani, said on Wednesday, as Western concerns Continue Reading
Iran’s Navy thwarted on Monday an attempted pirate attack on an Iranian oil tanker in the Gulf of Aden south of Yemen, before the vessel entered the Bab el Mandeb Continue Reading
According to senior economic and political sources close to the Iranian government exclusively spoken to by OilPrice.com last week, Tehran is now messaging senior figures in the European Commission in Continue Reading
Iran, the country holding the world’s second-largest natural gas reserves, risks turning into a net gas importer The country must secure some $50 billion in investment to develop its natural Continue Reading
Iran’s talks with six world powers aimed at reviving a 2015 nuclear deal will resume by the end of November, its top nuclear negotiator said on Wednesday, as Western concerns Continue Reading
China’s efforts to ease an energy crunch by stabilizing volatile coal prices have been complicated by a surge in wholesale petrol and diesel costs, forcing filling stations to ration fuel. Continue Reading
Iran’s been a frequent target of cyberattacks since its nuclear program became a flashpoint in its relations with the West more than a decade ago. Iran said a foreign country Continue Reading
A cyberattack disrupted the sale of heavily subsidized gasoline in Iran on Tuesday, state media reported, causing long queues at gas stations across the country weeks before the anniversary of Continue Reading
The problem started at around 11 a.m., Tehran time, Amin Rezanavaz, spokesman for Iran’s gas station owners union, told the Islamic Republic of Iran News Network in an interview. Sales Continue Reading
Here is a snapshot of what’s happening with Iran, its nuclear talks and energy markets. Latest developments Iran’s Deputy Foreign Minister Ali Bagheri Kani said he’ll head to Brussels on Continue Reading
Iran needs some $11 billion in investments to develop oil fields along its border with Iraq, Bloomberg has reported , citing the new head of the National Iranian Oil Company Continue Reading
Talks were last held in June 1.5 mil b/d of Iranian crude hangs in the balance US special envoy for Iran visiting UAE, Saudi Arabia, Qatar Talks to restart the Continue Reading
Iran said its demand that the U.S. unblocks $10 billion of its oil funds trapped overseas is “one example” of what Washington could do to generate good will before big-power Continue Reading
The seismic, multi-generational Iran-China deal is set for full roll-out. Full membership of the economic, military and political, SCO alliance will lead to major strategic investments in Iran’s up-and-downstream sectors. Continue Reading
Amir, an engineering master’s student standing outside Tehran University, had thought about going into digital marketing, but worried that Iran’s government would restrict Instagram, as it had other apps. He Continue Reading
Iran and Venezuela have struck a deal to swap heavy Venezuelan crude for Iranian condensate, Reuters has reported , citing unnamed sources familiar with the deal. According to these sources, Continue Reading
Iranian Foreign Minister Hossein Amirabdollahian said on Saturday that when his government says it will return soon to talks on resuming compliance with the 2015 nuclear deal, it means when Continue Reading
Iran’s new foreign minister said Friday the country will return to nuclear negotiations “very soon,” but accused the Biden administration of sending contradictory messages — saying it wants to rejoin Continue Reading
Iran is drafting plans to attract as much $145 billion domestic and foreign investments in its oil industry over the next eight years, Iranian Oil Minister Javad Owji said on Continue Reading
Three months after the last meeting to negotiate a revival of the nuclear agreement between Iran and world powers, it remains unclear if and when the talks in Vienna will Continue Reading
Iraq under US pressure to wean itself of Iranian energy imports Iranian oil minister Javad Owji, amid intermittent exports of gas and power to Iraq, has appointed a special energy Continue Reading
A vaccination center, a hospital, a pharmacy, and finally a morgue. The first public visits by Iran’s new hardline president Ebrahim Raisi have made clear his top priority — accelerating Continue Reading
Iranian fuel and petrochemical exports have boomed in recent years despite stringent U.S. sanctions, leaving Iran well placed to expand sales swiftly in Asia and Europe if Washington lifts its Continue Reading
Two weeks ago, Iran announced it was planning to boost oil output and exports despite ongoing sanctions by the U.S. As we see continually increased output from Iran since the Continue Reading
U.N. nuclear watchdog chief Rafael Grossi is set for talks in Iran on Sunday that may ease a standoff between Tehran and the West just as it threatens to escalate Continue Reading
Iran reached an agreement Sunday with the United Nations atomic agency that will grant international inspectors access to some of the country’s nuclear-related sites, a step likely to avert a Continue Reading
Highlights US envoy presses EU, Russia to help revive stalled talks Platts Analytics still sees deal for sanctions relief by December Collapse or further delay sets up tight oil market Continue Reading
Iran plans to ramp up its crude oil exports even though negotiations with the United States on its nuclear deal are currently paused. “Good things will happen regarding Iran’s oil Continue Reading
Iran’s new Oil Minister, Javad Owji, met on Thursday with a top official from the China National Petroleum Corporation (CNPC) in Tehran to discuss cooperation and expansion of bilateral relations. Continue Reading
Irrespective of how quickly a new iteration of the Joint Comprehensive Plan of Action (JCPOA) – ‘nuclear deal’ – is signed between Iran and the U.S., plus the remainder of Continue Reading
U.S. President Joe Biden told Israeli Prime Minister Naftali Bennett in White House talks on Friday that he was putting “diplomacy first” to try to rein in Iran’s nuclear program Continue Reading
New foreign minister also approved Iran’s Parliament on Aug. 25 confirmed Javad Owji as the country’s new oil minister, taking on the job at a critical time when OPEC’s fourth-biggest Continue Reading
Here is a snapshot of what’s happening with Iran, its nuclear talks and energy markets. Latest developments The top American negotiator in the Iranian nuclear talks said Washington is prepared Continue Reading
Iran said on Monday it is ready to ship more fuel to Lebanon if needed, a day after the leader of Lebanon’s Iran-aligned Hezbollah group said more vessels carrying Iranian Continue Reading
Highlights Vote on new cabinet set for Aug. 24 July oil output was highest since April 2019 Oil products exports to take focus Iran has “a lot of possibilities” to Continue Reading
Lebanese Shiite group Hezbollah, backed by Iran, warned on Thursday the United States and Israel not to try to interfere with a shipment of Iranian fuel oil that is en Continue Reading
Iran last week revealed a huge new gas deposit located in the Iranian sector of the Caspian Sea. The ‘Chalous’ structure is to be developed with the intention of forming Continue Reading
Militant group Hezbollah appeared to warn Israel and the U.S. against intercepting an Iranian ship carrying fuel for Lebanon as the country reels from a crippling power crisis. The vessel Continue Reading
Deep discounts for Iran’s LPG attract Chinese buyers Pakistan, Bangladesh also take small amounts from Iran Iran’s LPG exports are set to stay near two-year peaks of around 500,000 mt Continue Reading
Iran has accelerated its enrichment of uranium to near weapons-grade, the U.N. atomic watchdog said in a report on Tuesday seen by Reuters, a move raising tensions with the West Continue Reading
Iran has nearly doubled its enrichment capacity dedicated to purifying uranium close to the levels required for nuclear weapons, signaling it won’t de-escalate its atomic activities before meeting again with Continue Reading
Iran’s crude oil production fell to the lowest in 40 years, according to an updated analysis by the U.S. Energy Information Administration. At less than 2 million bpd, the EIA Continue Reading
Iran has met just one-fifth of its renewable capacity installation target for the five-year period between 2016 and 2021, also because the U.S. sanctions imposed in 2018 significantly slowed down Continue Reading
Iran’s new president picked the former head of the country’s natural-gas company as oil minister, at a time when the Islamic Republic is engaged in fraught negotiations with world powers Continue Reading
Iranians are suffering through yet another surge in the coronavirus pandemic — their country’s worst yet — and anger is growing at images of vaccinated Westerners without face masks on Continue Reading
Iran’s new president picked a hawkish Foreign Ministry veteran with close ties to the military elite to replace Mohammad Javad Zarif as the nation’s top diplomat, underscoring the shift in Continue Reading
