Tag Archives: Asia

The Islamic Revolution Guards Corps (IRGC) captured a vessel in the Persian Gulf for smuggling 250.000 liters of diesel fuel.

Iranian President'.s Chief of Staff Mahmoud Vaezi underlined that Tehran will continue boosting cooperation and expansion of relations with Turkey in all aspects without any restrictions.

Bijan Zangeneh announced that gas production from the South Pars gas field will hit a record high to enable the Iran to win a larger share of daily production from the field shared with Qatar for the first time since the energy zone went under development

The drone attacks on the Khurais oilfield and the Abqaiq oil processing facility took an estimated 5.7 million bpd in production capacity off the market.

Brazil’s oil production is set to grow in the near term.

Recent attacks on Saudi oil facility would have short-term impacts on oil market.

CBI) said that during the meeting held between Presidents of Iran and Turkey on the same day in Ankara. the two sides focused on expansion of trade and banking ties besides doing monetary transactions via Rial or Lira.

Iranian and Turkish energy ministers discussed resumption of trading electricity between the two sides in their meeting in Ankara.

Water discharge is seen as the easiest and most affordable way for Japan to deal with the problem.

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