Tag Archives: Iran

Russia will find other importers for its oil, Russian Permanent Representative to international organizations in Vienna Mikhail Ulyanov said, commenting on the sixth package of EU sanctions against Russia. “As she rightly said yesterday, #Russia will find other importers. Noteworthy that now she contradicts her own yesterday’s statement. Very quick …

Iran’s income from the export of oil, gas, petroleum and petrochemical products has risen 66 percent during the first two months of the current Iranian calendar year (March 21-May 21), as compared to the same period of time in the past year, the director-general of Oil Ministry’s Public Relations Department …

French Foreign Ministry has called on authorities of the Islamic Republic to release the two seized Greek tankers in the waters of the Persian Gulf. Iran’s seizure of two Greek-flagged oil tankers in Gulf waters is a “violation of international law”, France’s foreign ministry claimed in a statement on Sunday, …

Nearly 62 million barrels of Russia’s flagship Urals crude oil, a record amount, are currently in tankers at sea, according to data from energy analytics firm Vortexa, as cited by Reuters. However, traders are reportedly struggling to find buyers for some of the cargo as EU countries fail to agree …

The spokesman for the Atomic Energy Organization of Iran (AEOI) says the organization is in talks with Russia over the development of Iran’s Bushehr nuclear power plant. AEOI spokesman Behrouz Kamalvandi said on Wednesday that Iran and Russia had good bilateral relations, including in the nuclear field, and were negotiating …

The Iranian Customs Spokesman said that the amount of non-oil trade of Iran with Oman was 4,190,000 million tons of goods worth more than 1 billion dollars. Roohollah latifi said in an exclusive interview with ILNA that “In the year 1400 (2021-2022), the amount of non-oil trade of Iran with …

In a meeting with the Bulgarian official, Iran’s Deputy Foreign Minister for Economic Diplomacy said that Iran is ready to cooperate with Bulgaria in the energy field. During the meeting held with Deputy Minister of Foreign Affairs of Bulgaria Velislava Petrova on Sunday, Mahdi Safari expressed satisfaction with the increase …

Managing Director of the National Iranian Oil Company (NIOC) Mohsen Khojasteh Mehr said on Sunday that the government of President Seyed Ebrahim Rayeesi has managed to restore 1mln bpd of crude production which had been lost due to the US sanctions. Iran produced 3.838 million bpd before the US pulled …

The Manager of National Iranian Oil Company (NIOC) for Investment and Business Affairs announced the conclusion of a confidential contract, valued at €500 million, with a foreign company. Fereydoun Kord-Zanganeh made the remarks on Sunday in an interview with the Iran newspaper and stated that the company signed oil contracts …

Qatari Foreign Minister Sheikh Mohammed bin Abdulrahman Al-Thani says the return of Iranian oil to world markets will help stabilize oil prices. Iran’s oil is under sanctions imposed by the United States after it withdrew from the Iranian nuclear deal in May 2018, nearly three years after the accord was …