World oil prices are going up on Tuesday, and trading data attest to this. Accordingly, the WTI oil futures for June rose 2.29 percent to $32.55 a barrel, RT reported. And the Brent oil futures for July supplies increased 0.60 percent to $35.02 a barrel.
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Iran’s fourth oil tanker named Faxon which carries the country’s oil products has passed through the Gibraltar Strait as western media reports claim that they are destined for Latin America, more specifically Venezuela. Faxon is the fourth Iranian tanker after Forest, Petunia and Fortune which have traversed the Mediterranean and …
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Iranian Minister of Defence Brigadier General Amir Hatami held a video conference with his Iraqi counterpart Juma Anad Saadoun, discussing the expansion of defence cooperation. During the video call, General Hatami Congratulated the appointment of Iraq’s new defense minister and expressed satisfaction with the formation of the government based on …
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Foreign Minister Mohammad Javad Zarif and Oil Minister Bijan Namdar Zanganeh have offered commiserations on the passing of Iran’s OPEC Governor Hossein Kazempour Ardebili. Kazempour Ardebili, 68, passed away in a Tehran hospital on Saturday two weeks after he slipped into a coma due to a brain haemorrhage. In a …
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Saudi Arabia’s cabinet has urged OPEC+ countries to further reduce oil production rates to restore balance in global crude markets, state news agency (SPA) reported early on Wednesday. “The cabinet affirmed the Kingdom of Saudi Arabia’s endeavor to support the stability of global oil markets,” according to a statement. “The …
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Deputy head of Iran’s Geological Survey and Mineral Explorations (GSI) Mohammad Baqer Dorri said that GSI will apply its modern equipment to do mine explorations in the regional states as the country has done related operations in various regions of the world. “There are 68 kinds of minerals in Iran …
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Iran and Nakhchivan studied avenues for boosting trade cooperation between the two sides via a virtual meeting on Sunday. During the meeting, the parties shared their views and voiced their suggestions for advancing cooperation. Iran’s Consul General in Nakhichevan Ahmad Hosseini expressed the hope that after examining the proposals, the …
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World Health Organization (WHO) Representative in Iran Christoph Hamelmann, praised Iran’s efforts in contain COVID-19. On the sidelines of the meeting of the World Health Organization (WHO) Representative in Iran and the Iranian Iranian Blood Transfusion Organization (IBTO) committee of COVID-19, Christoph Hamelmann talked about Iran’s progress in confronting COVID-19 …
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The senior foreign ministry of officials of Iran and Turkmenistan held a meeting via video conference Tuesday night to discuss an array of issues of mutual interest. The meeting was chaired by Iran’s Deputy Foreign Minister Abbas Araghchi and his Turkmen counterpart, Hajiev Vafa, during which the two sides discussed …
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Iranian Minister of Industry, Mine and Trade Reza Rahmani said that export of non-oil commodities is the driving force of economy of the country in the current year [started March 21, 2020]. In this line, activation of all export capacities and export markets with a focus on the private sector …
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