It is no coincidence that just over a month after Israel and the United Arab Emirates declared that they would normalise relations and Israel and Bahrain did the same, ...
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British Petroleum – Involved In
China is ready to give Iran’s oil industry a major boost
With the 25-year deal with China now moving ahead at pace, Iran has a buyer for all of the crude oil it can produce, albeit at discounted levels, so ...
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Venezuela is buying Iranian oil with planes full of gold
Iran has received gold from Venezuela for the fuel cargoes Tehran had sent to the Latin American country, a commander at Iran’s Islamic Revolutionary Guard Corps (IRGC) said over ...
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Iran significantly boosts oil exports despite sanctions
Iran is estimated to have exported nearly 1.5 million barrels per day (bpd) of crude oil and condensate so far in September, TankerTrackers told Reuters, in what would be ...
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Iran opens navy base at world’s most crucial oil chokepoint
The Islamic Revolution Guards Corps (IRGC) of Iran opened this week a new naval base in a coastal town along the world’s most important oil chokepoint, the Strait of ...
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Iran boosts oil output at oilfields shared with Iraq
Iran has raised oil production from the oilfields in its southwest it shares with Iraq to 400,000 barrels per day (bpd) from 70,000 bpd in the past seven years, ...
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