China is one of the guarantors of the JCPOA agreement.
Read More »IEA Concerned About Impact of Middle East Tensions
Strong growth in the price of U.S. shale oil has also contained stronger increases.
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 »Iran Vows to Support Domestic Producers of Sanctioned Goods
The government is determined to support and strengthen home producers and entrepreneurs who make items and goods which are sanctioned by the US.
Read More »US-Iran Tension to Overshadow G20 Summit in Japan
Many G20 members have a stake in the outcome of the meeting because the row has disrupted global supply chains.
Read More »Iran Dismisses Reports of Drop in Oil Sales
The US government imposed a new round of sanctions on Iran in November 2018.
Read More »Iran Increases Refining Capacity by %40 in 2 Years
Total operating capacity of Iran’s refineries had increased from 1.550.000 to 2.150.000 barrels per day (bpd) in the two-year period ending in May 2019.
Read More »Oil Prices Mixed amid Escalating U.S.-Iran Tensions
Donald Trump signed an executive order to impose additional economic sanctions on Iran.
Read More »