Tag Archives: Persian Gulf

OPEC and some allies including Russia are due to meet next month to discuss output policy going forward.

Iran has boosted exports of goods from its Persian Gulf Economic Zone. a senior official said.

Iran currently holds the most influence over crude oil price movement. followed by Russia and the United States.

Iran is due to offer a large cargo of crude oil to domestic buyers through its energy bourse on Tuesday. in a direct sale to bypass the US unilateral sanctions.

Iran has used the capabilities and experiences of its engineers and experts to boost production in phases 2 and 3 of the South Pars gas field. an official said on Saturday.

Local technicians at Iran’s giant South Pars gas field have begun an operation to install the last flare stack of the offshore platforms in the Phase 14 of the field.

Iranian Oil Minister Bijan Namdar Zanganeh said that the Supreme National Security Council (SNSC) has tasked the Foreign Ministry with holding talks with European countries on Tehran’s oil exports to the bloc.

Products worth $16.5 billion were exported through the gates of the customs department of the Southern Iranian province of Hormuzgan in the last Persian calendar year (ended on March 20). of which $2.7 billion were the goods produced in the province.

China is willing to cooperate with Iran to confront the intervention and exit from these conditions.

US commercial ships including oil tankers sailing through key Middle East waterways could be targeted by Iran in one of the threats to US interests posed by Tehran.