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Oil up 2% as Trump threatens new sanctions on Iran

TEHRAN, May 02 (MNA) – Global oil markets surged on Thursday following threats from U.S. President Donald Trump to impose secondary sanctions on any country purchasing crude or petrochemical products from Iran.
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Publish Date:02/May/2025 | 16:26

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

Iran unveils 1st oil well equipped with AI

The Iranian Vice President for Science, Technology, and Knowledge-Based Economy inaugurated the first the Management Center of Wells Reservoir and Facility Management (WRFM) in Tehran on Tuesday.
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Publish Date:25/December/2024 | 12:40

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

Tehran to host 26th GECF ministerial meeting on Nov 6

The Iranian capital will host the 26th ministerial meeting of the Gas Exporting Countries Forum (GECF) on November 6-8, according to a senior official of the Iranian Oil Ministry.
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Publish Date:04/December/2024 | 10:20

OPEC+ countries extend oil production cuts

OPEC+ countries have decided to extend voluntary oil production cuts of 2.2 mln barrels per day until the end of December, according to a statement published on the group’s site.
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Publish Date:04/November/2024 | 11:40

Oil Dips as Investors Eye US Crude Release

EghtesadOnline: Oil futures eased for a second session on Friday on expectations that Washington may soon act to cool prices that remain above $80 per barrel, while movement curbs in China to rein in a Covid-19 outbreak weighed on fuel demand.
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Publish Date:15/January/2022 | 14:21

Riyadh Serious About Bilateral Talks

EghtesadOnline: The Saudi foreign minister said the kingdom is “serious” about talks with Iran, signaling Riyadh’s desire to repair relations between the two regional powers.
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Publish Date:16/October/2021 | 14:16