Iranian Deputy Economy Minister Mohammad Ali Dehqan Dehnavi said that the Europe-proposed Instrument in Support of Trade Exchanges (INSTEX ) has failed to meet Iran'.s expectations. calling on the European states to compensate for their deficiencies.
Read More »Iran’s Non-Oil Exports to Central Asia Doubled in 3 Months
Statistical figures show that. despite US economic pressures against Tehran. Iran'.s export from the rail port of Sarakhs. North-East of the country. to the Central Asia has doubled in the past three months.
Read More »World`s 1st Gas-to-Gasoline Plant Officially Opened in Turkmenistan
The plant was built by Turkish company Rönesans and Japan'.s Kawasaki Heavy Industries.
Read More »Russia. OPEC will Support Oil Prices
The deal removed 1.2 million barrels a day of OPEC+ production. helping to send oil prices higher.
Read More »Oil Prices Rise Ahead of OPEC Meeting
The two sides will discuss their oil policies at the meeting scheduled for July 1-2 in Vienna.
Read More »Oil Prices Mixed amid Escalating U.S.-Iran Tensions
Donald Trump signed an executive order to impose additional economic sanctions on Iran.
Read More »Oil Climbs to a Three-Week High as U.S.-Iran Tensions Simmer
Oil rose to the highest level in more than three weeks as political tensions between the U.S. and Iran continued to simmer. with President Donald Trump announcing plans for further sanctions against the OPEC member.
Read More »Europeans Neither Competent. Nor Willing to Honor N. Deal
Iran is fully prepared to take the next step to further lower its compliance with the nuclear deal on July 07.
Read More »Scientists Dissolve Crude Oil in Water to Study Its Composition
Researchers used high temperature and pressure to dissolve oil in water and analyze its composition.
Read More »Shipping Rates for Middle East Oil Are Surging
Oil tanker owners are raising the prices they charge to export Middle East crude as tensions surge in a region that accounts for about a third of all seaborne petroleum shipments.
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