Reduced hydropower output in Iran amid a water scarcity has prompted Tehran to suspend electricity exports to neighboring Iraq, which relies on Iranian power and gas supply, Iraq’s Electricity Minister Continue Reading
French President Emmanuel Macron has urged Iran to resume talks on reviving the 2015 nuclear deal with world powers but Iran’s new hard-line president, Ebrahim Raisi, says that Iran’s “rights” Continue Reading
Israel is prepared to attack Iran, Israeli Defense Minister Benny Gantz was quoted as saying on Thursday, a week after an Israeli-linked oil tanker was attacked in the Gulf of Oman by Continue Reading
Iran on Saturday rejected as psychological warfare accusations that it was behind a deadly attack on a tanker off Oman’s coast, and said Tehran sought to enhance the security of Continue Reading
For every week that passes without any breakthrough between Tehran and Washington, the prospect of a restored JCPOA nuclear deal looks bleaker. Talks in Vienna have remained stalled for weeks, Continue Reading
Asphalt Princess seized by armed individuals, sources say Vessel about 61 nautical miles off the coast of Fujairah Incident follows deadly July 29 drone attack on tanker A vessel may Continue Reading
Iran’s oil comeback, already taking longer than many traders expected, will be further complicated by shipping attacks in the past week, including a deadly drone strike on a tanker near the Gulf of Oman Continue Reading
A suspected hijacking of a vessel near Iran has ended, the British Navy said Wednesday, days after a deadly drone attack on a tanker in the same area that the U.S and Continue Reading
Highlights Easing OPEC+ quotas squeeze Iran’s market share Iran’s oil hopes rest on stalled nuclear deal talks New Iranian president will be inaugurated Aug. 5 Iranian President-elect Ebrahim Raisi takes Continue Reading
Iran has spent a lot of its time, money, and lives of its direct and proxy military forces in building up its influence across the Shia Crescent of power in Continue Reading
The U.S., Israel and the U.K. all vowed to respond to a deadly drone attack on an Israeli-linked tanker last week in a major waterway for global oil shipments that Continue Reading
Iran’s hardline incoming president Ebrahim Raisi said on Tuesday he will take steps to lift “tyrannical” sanctions imposed by the United States, after winning the formal endorsement of the country’s Continue Reading
Highlights Vessel Mercer Street targeted by armed drone on July 29 Attack killed two crew members amid heightened risk in Gulf Israel, US are considering ‘appropriate next steps’ Tehran — Continue Reading
An attack Thursday on an oil tanker managed by an Israeli-owned company killed two members of the crew when the vessel was apparently struck by an explosive drone, the ship’s Continue Reading
EPA Israeli Foreign Minister Yair Lapid blamed the incident on “Iranian terrorism” Israel has accused Iran of being behind an attack on an oil tanker in which two crew members Continue Reading
Iran’s Jask oil terminal is now fully set to start loading vast quantities of crude to any major buyer in the world via the Gulf of Oman, with the first Continue Reading
In an attempt to increase pressure on Iran in order to push through a nuclear deal with Iran, the U.S. is considering cracking down on Iranian oil exports to China. Continue Reading
As Iran is preparing for the inauguration of elected president Ebrahim Raisi, a move that will consolidate the power of the ultra-conservative forces that support Ayatollah Ali Khamenei, its citizens Continue Reading
The United States is considering cracking down on Iranian oil sales to China as it braces for the possibility that Tehran may not return to nuclear talks or may adopt Continue Reading
After six months of President Biden in office, and repeatedly dashed hopes at a nuclear deal with Iran, failing to come to an agreement means instead of lifting sanctions the Continue Reading
Iranian gas, electricity imports hit by domestic outages Islamic State intensifying attacks on power lines, pylons Iraq under pressure to wean itself off Iranian imports Iraq’s power cuts this summer Continue Reading
Residents in southwestern Iran have held large protests for nearly a week, denouncing the country’s leadership amid severe water shortages in the region, according to activists and video footage. At Continue Reading
The draft agreement between Iran and world powers over the possible restoration of the so-called nuclear deal is incompatible with a recently passed Iranian law, a government spokesman in Tehran Continue Reading
The U.S. is considering tighter sanctions on Iranian oil sales to China as a way to encourage Tehran to conclude a nuclear deal and raise the costs of abandoning stalled Continue Reading
The United States is considering clamping down on Iran’s rising oil exports to China as a tool to either force Tehran to conclude a nuclear deal or punish it if Continue Reading
Would be Iran’s 2nd main oil terminal Rouhani wants it running by Aug. 3 Loading capacity is 350,000 b/d Iran is set to start loading crude oil at the Jask Continue Reading
The United States has decided to temporarily waive sanctions on Iranian oil funds abroad but without returning Tehran’s access to its bank accounts in Japan and South Korea. “Allowing these Continue Reading
Iran, despite being OPEC’s fourth-biggest crude oil producer, faces an unprecedented summer of electricity cuts as power plant disruptions and a lack of investment in new capacity leave output far Continue Reading
Iran is not prepared to resume negotiations on coming back into compliance with the 2015 nuclear deal until Iranian President-elect Ebrahim Raisi’s administration has begun, a diplomatic source said on Continue Reading
The United States has been engaging in “indirect but active” discussions to secure the release of U.S. detainees in Iran, State Department spokesman Ned Price said on Tuesday, adding that Continue Reading
About 90 percent of the work on the Iran nuclear deal has been done, but the 10 percent that remains might prove a tough nut to crack. That’s according to Continue Reading
European countries expressed “grave concern” about Iran’s latest move Iran has begun the process of producing enriched uranium metal, it has told the global nuclear watchdog. Tehran informed the International Continue Reading
Iran’s sole nuclear power plant has been brought back online after an emergency shutdown two weeks ago, its manager told state media early on July 5. The ISNA news agency Continue Reading
The unsuccessful attempts by OPEC+ to reach a deal on output cuts increase the risk of creating a supply squeeze in an already tight market, which could potentially send oil Continue Reading
Iran’s Oil Minister Bijan Namdar Zanganeh said his country has taken “many measures” to ensure it can raise crude production in “a very short time” if U.S. sanctions are lifted, Continue Reading
A commercial ship that was previously owned by an Israeli-led company was attacked in the Indian Ocean on Saturday in what appeared to be the latest tit-for-tat in a shadowy Continue Reading
An official of Iranian Truck and Fuel Tanker Drivers’ Union said Thursday that drivers were refusing to transport fuel due to low or late payments from the government. There has Continue Reading
Iran has been restricting U.N. nuclear inspectors’ access to its main uranium enrichment plant at Natanz, citing security concerns after what it says was an attack on the site by Continue Reading
Tehran — Iranian President Hassan Rouhani gave assurance on June 30 that recent labor protests did not impact energy supply in the country or its exports and vowed to solve Continue Reading
A key oilfield near a U.S. military base in Syria’s Deir Ezzor region came under rocket attack on Monday, hours after the U.S. military said on Sunday it had carried Continue Reading
Oil and petrochemical workers from 60 companies across eight Iranian provinces are now on strike demanding higher wages and better contractual conditions, Iran International reported , adding that the strikes Continue Reading
U.S. President Joe Biden’s latest strikes against Iran-backed militia in Syria and Iraq were not the first nor likely the last of his young presidency. For some of Biden’s fellow Continue Reading
A number of false assumptions have continued to cloud the coverage of the ongoing re-negotiation between the U.S. and Iran of a new iteration of the Joint Comprehensive Plan of Continue Reading
srael has serious reservations about the Iran nuclear deal being put together in Vienna, new foreign minister Yair Lapid told his American counterpart, as he pledged to fix “the mistakes Continue Reading
The United States said on Sunday it carried out another round of air strikes against Iran-backed militia in Iraq and Syria, this time in response to drone attacks by the Continue Reading
Iran said on Monday it has yet to decide whether to extend a monitoring deal with the U.N. nuclear watchdog which lapsed last week, amid Washington’s warning that Tehran’s failure Continue Reading
Iran is without doubt one of the wealthiest countries in terms of energy production. Not only does the Middle Eastern country possess the world’s 2 nd largest natural gas reserves Continue Reading
The United States has agreed to lift all sanctions on the Iranian oil and shipping industry and to remove several senior officials from a blacklist, Reuters has reported , citing Continue Reading
American authorities took down a range of Iran’s state-linked news websites under unclear circumstances on Tuesday, the U.S. and Iran said, a move that appeared to be a far-reaching crackdown Continue Reading
Iran has started pumping oil at a giant new reservoir at the offshore Abuzar oilfield in the Gulf, Iran’s oil ministry news service Shana reported on Tuesday. The Iranian Offshore Continue Reading
