Analysts predict that if disruption to production lasts for too long. oil prices will spike.

Southern Iranian port city of Bandar Abbas will host the 21st Iran International Maritime &. Offshore Technologies Exhibition (IRANIMEX 2019) in late November.

Iranian Oil Minister Bijan Namdar Zanganeh announced that the country has made great progress in the production of different petrochemicals and will further expand its capacities in future.

Governor of the Central Bank of Iran (CBI) Abdolnaser Hemmati announced Monday the establishment of banking relations between Iran and Russia independent from SWIFT payment system.

Deputy Director for Development and Engineering Affairs at the National Iranian Oil Company (NIOC) Reza Dehqan said that his country is steadily developing its oil and gas projects. reminding that Washington’s sanctions are nothing new to Tehran.

The deputy head of Iran'.s nuclear agency and a Chinese delegation held a meeting in Vienna Mon. to discuss nuclear cooperation.

The US'. claims come while Washington itself has been an accomplice to Saudi Arabia in the bloodshed in Yemen.

Iran has given another two months to the European signatories to take meaningful action to save the JCPOA.

The attack on the kingdom’s most important oil production facility has crimped the availability of lighter grades such as Arab Extra Light and Arab Light.

A new study of 30.000 people in 28 countries and regions found most people accepted climate change is happening and humanity is at least partially responsible.