CEO of National Iranian Oil ... accomplishments of the oil industry since the Islamic Revolution include the development of gas fields, advancements in the petrochemical sector, and the establishment ...

Gas prices in the West Coast are about to surge by as much as 10 to 45 cents a gallon over the next couple weeks, says one ...

The amount of Russian and Iranian oil held on ships has hit multi-month highs as harsher U.S. sanctions reduced the number of ...

President Trump is reviving the "maximum pressure" campaign to cut Iran's oil exports to zero while signaling openness to a ...

The United States has imposed new sanctions on individuals and entities facilitating the sale of Iranian oil to China, aiming ...

Treasury Secretary Scott Bessent said the US aims to squeeze Iran’s oil exports to less than 10% of current levels as President Donald Trump renews a campaign of “maximum pressure” on Tehran’s nuclear ...

The Iranian military has the capability to blockade the Strait of Hormuz if necessary, says Iran's naval commander.

US Treasury Secretary Scott Bessent stated that the US intends to reduce Iran's oil exports to less than 10% of its current ...

The first of two vessels carrying 1,000 tons of a Chinese-made chemical that could be a key component in fuel for Iran’s ...

This week's Farda Briefing looks at Iran's continuing struggle with blackouts and how it is frustrating a public already at ...

Meanwhile, more than 1,500 people were injured or died at 153 oil refineries across the country in the six years ending in 2023, in part because of sites unwittingly operating damaged structures.

ERBIL, Kurdistan Region - Iran on Sunday firmly rejected the United States’ restoration of the “maximum pressure” policy which aims to restrict Tehran’s oil exports. “Reducing the ...