Brent oil prices rose early on Monday after Saudi Arabia raised its oil price for a third consecutive month, signaling recovering demand. As of 9:26 a.m. EDT on Monday, Brent Continue Reading
A massive explosion and fire at a highly sensitive Iranian nuclear facility last week was likely an act of sabotage, intelligence officials and weapons experts said Monday, but analysts were Continue Reading
Last August, Iran’s Foreign Minister, Mohammad Zarif, paid a visit to his China counterpart, Wang Li, to present a roadmap on a comprehensive 25-year China-Iran strategic partnership that built upon Continue Reading
Tehran has built underground “missile cities” along the Gulf coastline, Iran’s Revolutionary Guards Navy chief said on Sunday, warning of a “nightmare for Iran’s enemies”. “Iran has established underground onshore Continue Reading
Iran said a fire that broke out at its Natanz nuclear facility last week had caused “significant damage” to a building that was used to develop advanced centrifuges. A number of Continue Reading
An Iranian conglomerate owned by the country’s military and tied to its missile program has established a retail foothold in Venezuela, according to officials and records detailing the move, deepening Continue Reading
Iran’s Atomic Energy Organisation released a photo purportedly showing the damaged building A fire that broke out on Thursday at a key Iranian nuclear facility has caused “significant damage”, a Continue Reading
The rosy future of the offshore East Mediterranean (East-Med) gas boom is in jeopardy. The current COVID-related economic downturn, combined with the dramatic drop in demand for oil and gas Continue Reading
First, they said it nicely: play along and cut to your quotas, or we’ll all suffer low oil prices for longer. Then they put their foot down: start cutting deeper Continue Reading
The Houthi rebels in Yemen claim they have sent a team to repair an oil tanker full of 1 million barrels of oil sitting off the Yemeni coast for five Continue Reading
