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Iran
Nuclear Fuel
Iran Started Up Advanced Centrifuges in Latest Nuclear Step
Iran has started up advanced centrifuges to boost its stockpile of enriched uranium but will allow the UN atomic agency to continue monitoring its nuclear progr…
Oil & Gas Trade
US Sanctions on Iran's Oil Industry have Slashed the OPEC Member's Crude Exports
While US sanctions on Iran’s oil industry have slashed the OPEC member’s crude exports by more than 80 percent, oil product sales from the Islamic Republic re…
Oil & Gas Trade
U.S. Imposes Sanctions on Wandering Iranian Oil Tanker
The Treasury Department on Friday imposed sanctions on an Iranian oil tanker at the center of a power struggle between the United States and Iran, a move that t…
Oil & Gas Trade
Iranian Spokesman Says Oil Aboard Tanker has been Sold
An Iranian government spokesman says the oil aboard an Iranian tanker pursued by the US has been sold to an unnamed buyer. The Adrian Darya, previously known as…
Oil & Gas Trade
Iran's Foreign Minister Arrived at the G7 Summit for Surprise Side Talks
Iran's foreign minister flew in for side talks at the G7 summit on Sunday as host France ramped up efforts to ease tensions between Tehran and Washington, a dra…
Oil & Gas Trade
Washington' s Decision to Reimpose Sanctions on all Purchases of Iran' s Crude
The United States has removed nearly 2.7 million barrels of Iranian oil from global markets daily as a result of Washington’s decision to reimpose sanctions on…
Oil & Gas Trade
The US Conveyed its“Strong Position” to the Greek Government about an Iranian Tanker
The United States has conveyed its “strong position” to the Greek government about an Iranian tanker that sailed for Greece on Monday after it was freed from…
Oil & Gas Trade
The Iranian Oil Tanker has Departed From Gibraltar after the British Overseas Territory
The Iranian oil tanker at the center of a diplomatic dispute has departed from Gibraltar after the British overseas territory rejected a US demand to seize the …
Oil & Gas Trade
An Iranian Oil Tanker Seized by British Royal Marines will be Released
Gibraltar Chief Minister Fabian Picardo said that the Grace 1 would be released on Thursday, adding that Gibraltar authorities would not renew the order to deta…
Oil & Gas Trade
Iran to Cut Down Direct Dependency on Oil Revenues to Zero
Iranian Vice-President Baqer Nobakht said on Sunday that his country is determined to draft its new budget bill with zero-dependence on oil revenues in a bid t…
Oil & Gas Trade
Bank of America Warns China's Purchases of Iranian Crude Could Trigger Oil Market Crash
In the latest round of hostilities between the world's two biggest economies, Washington announced new tariffs on another $300 billion worth of Chinese goods.
Oil & Gas Trade
Iran Said Seized A Foreign Oil Tanker in the Persian Gulf
Iran said Sunday it has seized a foreign oil tanker in the Persian Gulf for allegedly smuggling fuel, according to the official IRNA news agency.
Oil & Gas Trade
Decision to Sanction Iranian FM is Latest Blow by President Donald Trump
Iran accused the United States on Thursday of "childish behaviour" driven by fear after Washington imposed sanctions on its foreign minister, escalating tension…
Us to Renew Sanction Waivers for Five Iranian Nuclear Programmes for 90 Days
The United States would renew its key sanction waivers for five Iranian nuclear programmes for a total of 90 days, White House National Security Advisor John Bo…
Electricity Transmission
Iran Ranks Seventh in Terms of Power Wastage in The World
Power wastage in the national electricity grid declined from 15.2% to 11.1% between 2013 and 2018. Nonetheless, Iran is still among countries in which massive a…
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