Tag Archives: Iran

Russia and Iran want to sign a number of agreements on trade and economic cooperation at a meeting of the Russian-Iranian intergovernmental commission scheduled for February 16-18 in Tehran, the Russian Energy Ministry says. Following a meeting between Energy Minister Sergey Tsivilev and Iran’s ambassador to Russia, Kazem Jalali recently, …

Over 5.9 million tons of goods worth over 2.4 billion dollars were exported from the customs offices of Kermanshah province in western Iran to other countries in the first ten months of the current Iranian calendar year (March 21, 2025-January 20, 2026), a provincial official says. Speaking to IRNA on …

Russia and Iran this week discussed boosting their cooperation in nuclear energy, including in building small nuclear reactors (SMRs) in the Islamic Republic, Iranian media report. Mohammad Eslami, director of the Atomic Energy Organization of Iran (AEOI), discussed nuclear energy cooperation in Tehran with Nikolai Spassky, Deputy CEO for International …

Iran claims a new natural gas discovery would add an estimated 10 trillion cubic feet to its gas reserves and could help offset an expected energy imbalance. Iran has discovered significant gas and oil reserves at the Pazan field in the southern part of the Fars province, Iranian Oil Minister …

China accounts for $65-70 billion worth of Iran’s foreign trade each year, according to a senior Iranian businessman who says that China’s oil purchases from Iran have reached record levels. Majid Reza Hariri, who chairs the Iran-China Joint Chamber of Commerce, said on Saturday that up to 50% of Iran’s …

The U.S. has sanctioned a fourth oil import terminal in China for receiving Iranian oil cargoes as the State Department expanded sanctions against entities involved in trade with Iran. The U.S. Department of State designated a fourth China-based crude oil and petroleum products terminal, Zhoushan Jinrun Petroleum Transfer Co Ltd, …

The 12-day war and an unprecedented surge in fuel consumption tested the resilience of Iran’s energy infrastructure and industry cohesion. Despite direct attacks on oil depots in Rey and Shahran, fuel supply continued uninterrupted, with a historic record set in product distribution. Meanwhile, over 600 CNG stations voluntarily provided free …

The heads of the three branches of power in Iran unveiled plans to encourage investment made by the private sector in renewable energy solutions. The Supreme Council for Economic Coordination, comprising the heads of Iran’s three government branches, reaffirmed commitment to fostering private sector investment in renewable energy projects. In …

China’s oil imports from Iran surged in June as shipments accelerated before the recent conflict between Israel and Iran and demand from independent refineries improved, analysts said. The world’s top oil importer and biggest buyer of Iranian crude brought in more than 1.8 million barrels per day from June 1-20, …

Oil prices climbed on Wednesday as investors assessed the stability of a ceasefire between Iran and Israel, while support also came from market expectations that interest rate cuts could happen soon in the United States, the world’s largest economy. Brent crude futures rose $1.2, or 1.8 per cent, to $68.34 …