The Strait of Hormuz is a narrow waterway carrying a fifth of the world’s traded oil.
Read More »Iraq has no Alternative to Importing Iranian Gas
Gas imports to Iraq from Iran will increase to 35 million cubic metres per day in June.
Read More »Japan Relies on Iranian Oil. to Talk to US about It
Tehran’s measures to cushion the impacts of US sanctions against the country would take Trump by ``surprise.``
Read More »Iran. Turkey to Launch INSTEX-Like Mechanism to Boost Trade Ties
The Turkish government has always disagreed with US-led sanctions on Iran.
Read More »EU. Iran Discuss Water Resources Management
Energy Ministry has now focused on solving challenges facing Iran’s water and energy sectors in accordance with global advancements in the sectors.
Read More »Iran Eyes 5 Oil Project Deals with Local Firms
Iran is likely to award up to five oil exploration and production contracts to local firms.
Read More »India`s Iran Oil Imports up 5% YoY despite US Sanctions
India'.s waiver allowed the country to continue to buy about 300.000 bpd Iranian oil until early May.
Read More »Saudi Arabia. Bahrain habituated to following US: Iran
Iran says Saudi Arabia and Bahrain are habituated to following their extra-regional master the United States. shortly after the two Arab states welcomed a decision by Washington to blacklist an Iranian military force.
Read More »Iran. Venezuela launch direct flight amid US sanctions
Iran’s second largest airline. Mahan Air. has launched direct flights to the Venezuelan capital Caracas. marking a further strengthening of bilateral ties as the US tightens sanctions screws on both countries.
Read More »US fines Standard Chartered $1.1bn over Iran transactions
London-based Standard Chartered has been fined $1.1 billion by US authorities for allegedly breaching sanctions against Iran and other countries.
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