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Iran

Crude
Iran Releases Photos of Damage to Tanker Attacked in Red Sea
The National Iranian Tanker Co. released photos of damage to the hull of the Sabiti oil tanker, hit in an alleged missile attack off the coast of Saudi Arabia i…
Oil & Gas Trade
Iran Works to Reroute Oil Exports Away from Strait of Hormuz
The oil terminal project would allow Iranian tankers to bypass the Strait of Hormuz and load their oil cargoes at the Jask port terminal, east of the strait.
Oil & Gas Trade
Iran Accuses Saudi Arabia of Attack on Oil Tanker in Red Sea
Iran said missiles that struck one of its oil tankers in the Red Sea probably came from Saudi Arabia, marking the latest escalation in a tit-for-tat conflict be…
Oil Price
No, the Saudi Oil Attacks Were Not 'False Flag'
As a continuing series of dramas and crises distract our attention from the unresolved questions around the Yemeni attacks on Saudi Aramco, it’s vital to state…
Crude
Iran Awards Contracts to Push Ahead with Major Oil Pipeline Project
Iran has awarded contracts to three domestic engineering firms for manufacturing giant pumping devices needed for a major pipeline project that would transfer I…
Crude
Iran on Full alert to protect oil facilities from possible attacks
Iran’s oil minister, Bijan Namdar Zangeneh, has ordered his country’s energy sector to raise its alert levels against cyber and military attacks that could ta…
Oil & Gas Trade
British Tanker Docks in Dubai After Detention by Iran
A British-flagged tanker that was detained by Iran for 10 weeks, docked in Dubai on Saturday, after a standoff that has stoked tensions along a vital global shi…
Oil & Gas Trade
Turkey will Continue Oil, Natural Gas Trade with Iran
Turkish President Tayyip Erdogan said on Friday it was impossible for Turkey to stop buying oil and natural gas from Iran, despite the threat of U.S. sanctions,…
Oil & Gas Trade
Curbs on Iran and Inflating US Oil Exports
The most hawkish of Trump’s aide and staunch advocate of pre-emptive strikes on Iran, former national security adviser John Bolton, was ousted from the White H…
Oil & Gas Trade
US Slaps Sanctions On Iranian Central Bank—What’s Next?
The United States on Friday has taken the first step in its response to the attacks on Saudi oil infrastructure by imposing more sanctions on Iran, but the resp…
Electricity Trade
Iraq Signs Deal To Plug into Gulf Power Grid
It is the second deal the ministry signed in as many days to boost electricity supply in Iraq, where generation falls about 9 gigawatts below estimated demand o…
Oil & Gas Trade
US Blames Iran For Energy Prices Spike After Saudi Oil Attack
Global energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an a…
Oil & Gas Trade
US Sanctions Bringing China and Iran Together
A report by Reuters last week showed that, while sales of Iranian crude oil have significantly diminished, Tehran’s exports of oil products have hardly been af…
Country Profiles
Iran
In 2013, friendly relations and cooperation between the People's Republic of China and the Islamic Republic of Iran made steady progress in all fields.
Oil & Gas Trade
Iran Says Tanker Oil Sold at Sea, Buyer Sets Destination
Iran’s envoy to London said on Wednesday the oil cargo of tanker Adrian Darya 1 was sold at sea to a private company, denying Tehran had broken assurances it h…

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