Iran's Ambassador and Permanent Representative to the United Nations Majid Takht-Ravanchi reacted to the US’ nervous claims against Iran's arms activities, saying such moves are only meant to divert attention from Washington’s economic terrorism against the Iranian nation.
Read More »Iran has Stopped 17.5 Million Liters of Fuel Before Being Smuggled
Iranian forces have managed to seize a great amount of fuels before being smuggled to neighboring countries in the previous year, according to a high-ranking commander.
Read More »The World’s Energy Order Is Changing
There have been many articles written about the social changes that may occur in the aftermath of the Great Shutdown. But one major change is already upon us, and it’s being powered by forces that began years before the coronavirus emerged. It’s occurring inside the global energy system. Since the …
Read More »President Rouhani Calls for Plans to Minimize Crude Sales
President Hassan Rouhani in a phone call with Oil Minister Bijan Zanganeh called for advancing the plans and policies for boosting petroleum products in a bid to decrease the crude oil sales. Rouhani pointed to the government’s progress in economic programs during the past year without relying on oil revenues, …
Read More »US Adopting Yet Another Anti-Iranian Measure in IMF
Sources say that the United States is trying to prevent the start of a powerful tool in the International Monetary Fund (IMF) that would increase liquidity and help COVID19-affected countries such as Iran.
Read More »Iran, Turkey Discuss Ties, Coronavirus in Tehran
Iranian Parliament Speaker's Special Aide for International Affairs Hossein Amir-Abdollahian held a meeting with Turkish Ambassador to the Islamic Republic of Iran Derya Örs on Wednesday to discuss bilateral relations.
Read More »Too Late for OPEC+ Cuts to Save the Physical Oil Market
The physical oil market, where millions of barrels of real cargoes are traded each day, needed OPEC+’s historic cuts to global crude production months ago. On Sunday, producer nations pledged to limit output by an unprecedented 10% of global supply. While there’s skepticism the cuts will prove deep enough — …
Read More »Tehran, Seoul Mayors Discuss Fight Against COVID-19
Tehran’s Mayor Pirooz Hanachi and his counterpart in Seoul Park Won-soon shared experiences in the fight against coronavirus pandemic in a video talk on Tue.
Read More »UN Chief Reacts to Trump’s Decision to Halt WHO Funds
UN Secretary-General Antonio Guterres said on Tuesday that it was not the time to reduce the WHO's resources to fight COVID-19.
Read More »Effective Global Oil Cuts Above 19 MMbbl/d
Saudi Arabia’s energy minister said on April 13 that effective global oil supply cuts would amount to around 19.5 MMbbl/d, taking into account the reduction pact agreed by OPEC+, pledges by other G-20 nations and oil purchases into reserves. OPEC and allies led by Russia, a group known as OPEC+, …
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