Shipping insurance has climbed following multiple rounds of seizures and tanker attacks earlier this year.
Read More »IEA Emergency Stocks Large Enough to Cover Disruptions in Oil Supply from Strait of Hormuz
IEA countries hold 1.55 billion barrels of public emergency oil stocks.
Read More »Foreign Investors Eyeing Investment in Iran`s Chabahar
Foreign entities have shown interest in investing in Chabahar port in Southeastern Iran. and 11 investment agreements have been signed to be implemented by the end of this Persian year.
Read More »Customers Switching Electricity Suppliers Fall in June
More than 44.000 customers moved to a different power supplier last month.
Read More »Iran Joins Radar Exporting Club of Nations
Road and Urban Development Minister Mohammad Eslami underlined said Iran has developed its radar technology to an extent that it is turning into an exporter of such systems.
Read More »Oil Pares Steep Weekly Loss as U.S. Says It Downed Iranian Drone
Oil snapped four days of losses after the U.S. said it downed an Iranian drone near the Strait of Hormuz. stoking concern crude flows from the Middle East may be disrupted.
Read More »Iranian Ports Flourishing with Massive Private Sector Investment
Iran’s ports south and north of the country are drawing an unprecedented amount of investment from the private sector as authorities eye a jump in onshore manufacturing activities.
Read More »Radical Reform of Energy Market Needed to Protect Customers
That’s according to Citizens Advice. which says the government and Ofgem must work together to ensure all energy customers can benefit from new technologies and business models entering the market.
Read More »US Sanctions Not to Prevent Armenia from Purchasing Gas from Iran
Armenian Parliament Speaker Ararat Mirzoyan blasted the US sanctions on Iran and pressures on other states to stop cooperation with the country. saying that his country cannot halt buying gas from Tehran.
Read More »Iran`s Trade with EU Plunges 76%
Organizations in different countries that cooperate with Eurostat are summarized under the concept of the European Statistical System.
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