Iran’s Oil Minister said that Tehran is increasing its revenues from oil derivatives after the US imposed sanctions on the country’s crude exports. adding that Iran eyes to produce over 100 million tons of petrochemicals a day by 2021.
Read More »US will Aggressively Enforce Sanctions over Iran Tanker
Ship tracking data has shown the ship last heading toward Greece.
Read More »Australia will Join U.S.-Led Defense Effort in Strait of Hormuz
Australia is a staunch ally of the United States. which in recent months has called on its partners to do more to defend global security.
Read More »Iran’s UK Envoy Confirms Released Oil Tanker Heading for International Waters
Iran'.s ambassador to the UK has confirmed reports that the Iranian oil tanker '.Grace 1.'. has been moving towards international waters.
Read More »Grace 1 Not Related to Stena Impero
Iran condemned the seizure of its tanker as piracy.
Read More »Iran. Moscow in Talks on Launching Ferry Service Across Caspian
Tehran and Moscow are in talks over plans to establish a ferry service across the Caspian Sea that would link Iran with Russia’s Dagestan.
Read More »Iran to Operationalize 132 km Rail Route by 2 Months
Iranian Vice-President and Head of the Management and Planning Organization Mohammad Baqer Nobakht announced that the government will put into operation a 132 kilometer rail route in the Northeastern province of East Azerbaijan within the next 2 months.
Read More »Iran Planning to Maximize Share in East-West Transit of Goods
Iran’s Road and Urban Development Minister Mohammad Eslami said on Friday that currently his country is conduit to 30 million tons of goods transported between the Far East and Europe. adding that Tehran aims to increase its share to 100 million tons.
Read More »US Issues Warrant to Seize Iranian Supertanker
The Grace 1 supertanker. carrying 2.1m barrels of oil. was Illegally detained by British Marines off the coasts of Gibraltar on 4 July.
Read More »2mn Barrels of Light Crude at Today’s Energy Exchange
National Iranian Oil Company will offer light crude oil at today’s session of Iran Energy Exchange (IRENEX).
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