Iranian Oil

Oil price jumps once again

Brent briefly jumped back above $100 a barrel after the Iran war led to more shipping turmoil in the Middle East and China tightened fuel export curbs.

Ноутбук с графиками

Iran exporting oil through closed Strait of Hormuz

Iran has continued to send large amounts of crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has jeopardized broader supplies through the critical waterway.

US concerned over Israeli strikes on Iranian fuel depots

The United States is dismayed by the scale of Israeli airstrikes on Iranian fuel depots over the weekend, marking the first notable disagreement between the two allies since the start of the war, Axios reported, citing sources.

Дональд Трамп

IRGC blocking Strait of Hormuz?

A commander in Iran’s Revolutionary Guard Corps has declared that the Strait of Hormuz is closed and threatened to attack any vessel attempting to pass through, as part of Iran’s retaliation for recent bombings.

Карта Ормузского пролива

US issues new Iran-related sanctions

The U.S. Treasury Department announced a new round of sanctions targeting Iran’s individuals, entities, vessels and weapons procurement networks.

Iran increases oil production thanks to Russia and China

Iran has been actively seeking partners to boost its oil and gas industry amid Western sanctions. China and Russia have emerged as its main allies, with China taking in most of Iran’s oil exports, despite the sanctions, OilPrice reported.

Iranian oil production hits 7-year high

Despite sanctions, Iran managed to achieve a new oil production record, the highest in the past 7 years due to maintenance work and the commissioning of the Azadegan field. Iran continues to break hydrocarbon production …

Iran increases number of drilled wells

Iran's National Iranian Drilling Company (NIDC) has drilled and completed 48 oil and gas wells across onshore and offshore regions during the first four months of the current Iranian year (March-July), marking a year-on-year increase of 17 wells.

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