Iran Takes Revenge: Seizes British Oil Tanker
The Iranian National Guard Corps is claiming that is has seized a British oil tanker for violating International maritime law, according to a developing report carried by PressTV . The Continue Reading
Iran Takes Revenge: Seizes British Oil Tanker
The Iranian National Guard Corps is claiming that is has seized a British oil tanker for violating International maritime law, according to a developing report carried by PressTV . The Continue Reading
Iran seizes two UK tankers, ratchets up Strait of Hormuz oil flow risks
Highlights Stena Impero chemical tanker seized, VLCC Mesdar released Iran’s IRGC says it seized Stena Bulk for shipping violation: state TV UK foreign secretary ‘extremely concerned’ by incidents Washington — Continue Reading
From Iraq to Yemen, drones raise U.S. alarm over Iranian plans
The increased use of drones by Iran and its allies for surveillance and attacks across the Middle East is raising alarms in Washington. he United States believes that Iran-linked militia Continue Reading
Iran’s Tactical Move To Skirt Sanctions
Facing vigorously enforced U.S. sanctions directed principally on oil, Iran is focussing on the less targeted strategic areas in its hydrocarbons business, notably continuing to develop its gas sector and Continue Reading
American firms tapped for Ratawi gas deal
An American consortium led by Honeywell is poised to win a major gas deal in Iraq, bolstered by U.S. government lobbying for projects that would reduce Iraqi dependence on Iranian Continue Reading
Exclusive: UAE plans oil trade overhaul to boost Middle Eastern clout
The United Arab Emirates’ state-run ADNOC, long seen as one of the most conservative oil firms in the Middle East, plans an overhaul for its trading operations as it seeks Continue Reading
Turkey Won’t Back Down From Cyprus Oil Drilling Despite EU Sanctions
The Turkish Foreign Affair Ministry on Tuesday rejected the notion of European Union sanctions on Turkey over its drilling for gas in disputed eastern Mediterranean waters, pledging instead to send Continue Reading
U.S. Intel: UAE Tanker Could Have Been Forced Into Iranian Waters
The U.S. intelligence increasingly believes that a United Arab Emirates (UAE) tanker may have been forced into Iranian waters by naval forces of Iran’s Islamic Revolutionary Guard Corps (IRGC), CNN Continue Reading
Iraqi production robust, despite OPEC deal
As OPEC members reaffirm a quota agreement, Iraq has posted two straight months of elevated production. Deputy Oil Minister Fayadh Nema (center left) and Basra Oil Company Director General Ihssan Continue Reading