Western media reported that Russia pummeled Ukraine’s energy infrastructure with a large-scale drone and missile attack on Saturday, injuring at least 19 people. The Ukrainian military claimed that it had downed 35 out of the 53 missiles launched at targets across the country overnight on 1 June as well as …
Read More »Iran Nuclear Activities Solely for Peaceful Purposes
Iranian President Ebrahim Raeisi says that Tehran has proven that it is not looking for a nuclear weapon and is only using nuclear energy for peaceful purposes. The Iranian President made the remarks in an interview for an Algerian TV network during his recent visit to Algiers. Having access to …
Read More »Grossi Calls for Iran’s Full Cooperation with IAEA
IAEA Director General Rafael Grossi reiterated his call on Iran for full cooperation despite all Iran’s cooperation with the Agency. Grossi made the remarks in his Introductory Statement to the Board of Governors on Monday as published on the Agancy’s website. Grossi said that “Iran’s stockpile of enriched uranium continues …
Read More »Tanker Seized by Iran Carrying Turkish Oil Bought from Iraq
Turkey’s main oil refiner Tupras claims that a ship seized by Iran off the coast of Oman was laden with Turkish crude imported from Iraq. Tupras said in a statement that radio communication with the Greek-owned and Tupras-chartered vessel was cut off at around 6:30 a.m. Istanbul time Thursday off …
Read More »Over $1 bn in Non-Oil Goods Exported via Mehran Border
The head of Ilam Customs reported that more than two million tons of goods, valued at over $1.169 billion, were exported from Mehran Border Crossing in the first eight months of the current Iranian calendar year. Miragha Abdi conveyed in an interview with Mehr News Agency that over 500 truck …
Read More »BP to Pause all Tanker Transits through Red Sea
Oil giant BP has announced it is pausing all shipments of oil through the Red Sea after recent attacks on vessels by the Yemeni army. It made the decision because of the “deteriorating security situation” though said it was a temporary move, media reported pmn Monday. A number of freight …
Read More »Putin to Visit Saudi Arabia, UAE with Gaza War on Agenda
Russian President Vladimir Putin is scheduled to visit the United Arab Emirates and Saudi Arabia on Wednesday. The talks will focus on bilateral relations and the Israel regime-Hamas war, Kremlin spokesman Dmitry Peskov said on Tuesday. Peskov said that discussions on oil market cooperation will be on the agenda of …
Read More »Non-Oil Exports from East Azarbaijan Province Hits $960 mn
The director general of the Industry, Mine and Trade Organization in Iran’s East Azarbaijan province said the province has exported over $960 million in non-oil products during the first 8 months of the current Iranian year. Speaking at a conference on the export of non-oil goods, held in Tabriz on …
Read More »Tehran, Islamabad Agree to Advance IP Gas Deal Project
Iranian and Pakistani energy ministers vowed to take effective steps in advancing the previously-inked Iran-Pakistan (IP) gas project deal. Following his visit to Iran to participate in the 23rd edition of the Iran International Electricity Exhibition (IEE), Pakistan Minister of Energy Muhammad Ali promised to fulfill the commitment of his …
Read More »Iran-EAEU Trade Value Exceeds $4 bn in 7 Months
The value of trade exchanges between Iran and the Eurasian Economic Union (EAEU) in the first seven months of the current Iranian calendar year (March 21 to October 22, 2023) reached $4.258 billion. In that period, Iran exported $922 million worth of products to EAEU member states and imported $3.3 …
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