The U.S. will hardly become completely self-sufficient with oil overnight.
Read More »Business as Usual at Iran`s Waters
Normal traffic of ships belonging to giant international shipping companies in Iran'.s water is going on as usual. a senior Iranian official said.
Read More »Iran Increasing Oil Refining Capacity Amidst US Sanctions
Iran’s oil and gas industries are growing reliance on domestic capacities and indigenous technologies. Iranian Deputy Oil Minister Alireza Sadeqabadi said.
Read More »Foreign Vessels Keep Docking at Iranian Ports Regardless of Drone Incident
No foreign maritime company has announced a change in its port call programs after a US spy drone was shot down by Iranian air defense units.
Read More »No Reroute from Persian Gulf after Iran`s Downing of US Spy Drone
Kuwaiti officials announced on Sunday that the country'.s airlines have not rerouted from the Persian Gulf after the Iranian Armed Forces shot down an intruder US spy plane.
Read More »Hendijan Platforms almost Complete
Construction of platforms 7 and 8 of Hendijan offshore oilfield has made 90 percent progress.
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.
Read More »Iran’s Airspace Safe for Flights
Head of Iran Civil Aviation Organization announced that Iran’s airspace is safe for all flights. adding that all flights are underway normally.
Read More »Oil Price Jumps After US Spy Drone Violating Iran`s Airspace Shot Down
The price of oil spiked on Thursday just hours after a US spy drone violating Iranian airspace was shot down by the Islamic Revolution Guards Corps (IRGC) close to the Strait of Hormuz.
Read More »Iran Eyeing More Trade with Turkey
Iranian Foreign Minister Mohammad Javad Zarif. in a meeting with his Turkish counterpart Mevlut Cavusoglu in the central city of Isfahan. said that his country is ready to significantly increase the volume of trade with Turkey.
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