Iran oil

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Iran's oil exports to China in March hit new record high

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.
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Publish Date:05/April/2025 | 14:19

Iranian oil supply to China in set to rebound in March 2025

China's imports of Iranian oil is set to rebound in March as non-sanctioned tankers, drawn by lucrative payoffs, joined the trade replacing vessels under US embargo, trade sources and analysts said.
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Publish Date:01/March/2025 | 14:16

US imposes new illegal sanctions on Iran's oil exports

The United States imposed a fresh round of sanctions targeting Iran's oil industry on Monday, sanctioning more than 30 brokers, tanker operators, and shipping companies in different countries.
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Publish Date:24/February/2025 | 10:29

Iran's heavy crude oil prices surge in January: OPEC

According to the latest monthly report from OPEC, Iran’s heavy crude oil prices rose significantly in January, increasing by $6.65, or 9.1%, compared to December, 2024.
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Publish Date:13/February/2025 | 14:28

US Trump's wish not to come true: Iranian oil minister

The recent remarks by Iran's Oil Minister Mohsen Paznejad have garnered widespread attention in the global media, saying that US President Donald Trump's wish to minimize Iran's oil exports to zero level will not come true.
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Publish Date:13/February/2025 | 11:51

Trump cannot bring Iran's oil exports to zero: IRGC general

Commander of the IRGC Navy Force Rear Admiral Alireza Tangsiri rebuked US President Donald Trump's push to curb Iranian oil exports, saying that Trump will not be able to achieve his goal in bringing Iran oil revenues to zero.
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Publish Date:09/February/2025 | 19:29

Iran increases daily oil output by 15 mn liters

A senior official from the National Iranian Oil Refining and Distribution Company (NIORDC) announces an increase of 15 million liters in the country's daily oil production over the four months of the new government's term.
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Publish Date:21/December/2024 | 13:51

Iran oil minister elected to OPEC presidency

Mohsen Paknejd, the Iranian oil minister, was elected as the rotating president of the Organization of the Petroleum Exporting Countries (OPEC) on Tuesday.
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Publish Date:10/December/2024 | 20:58
Iran oil minister:

Iran increasing oil output regardless of US political future

Iran's Oil Minister says increasing the country's oil production capacity has no connection to potential restrictions or their increase, adding that boosting production capacity is a priority for the Ministry of Petroleum.
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Publish Date:08/December/2024 | 14:43

US sanctions Iran oil exports in support of Israel

The Biden administration issued sweeping sanctions Friday targeting Iranian oil exports after vowing to impose consequences over Tehran’s massive missile attack on 'Israel.'
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Publish Date:13/October/2024 | 06:24

US imposes sanctions over Iran oil shipment

The US Treasury Department has announced sanctions on more than a dozen entities and vessels over what it called their involvement in the shipment of Iranian crude oil and liquid petroleum gas to Syria and East Asia.
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Publish Date:28/September/2024 | 01:47