Despite sanctions on several tankers transporting Iranian oil to Chinese ports, a Western research body has reported that Iran’s oil exports to China reached 1.91 million barrels per day in March.
An official at Iran’s Oil Ministry responded to certain media claims regarding the country’s oil sales, emphasizing that Iran’s oil trade complies with all accepted standards and norms in oil transactions.
The nationalization of the oil industry in the Islamic Republic of Iran is the manifestation of a clear-cut victory over Western imperialism.
Iran's First Vice President Mohammadreza Aref stated that Iran is striving to become a regional
An advisor to the Iraqi prime minister has said that the United States has still not cancelled sanctions waiver for Baghdad to purchase Iranian gas.
Iranian Government Spokeswoman Fatemeh Mohajerani says that Iran’s exports of oil cannot be stopped despite sanctions imposed against the country.
Russia is using cryptocurrencies in its oil trade with China and India to dodge Western sanctions, Reuters reported Friday, citing four sources with direct knowledge of the matter.
The International Energy Agency (IEA) has said global oil supply could exceed demand by around 600,000 barrels per day in 2025.
Some state-controlled Chinese refiners have reduced purchases of Russian oil loadings for March as they assess the risks of dealing with sanctioned entities.
Iran started gas production from its first infill well at South Pars, the country’s largest gas field in the Persian Gulf, increasing supply to meet growing energy demand.