Oil

Oil tanker owned by an American company accused of "illegal transportation of Iranian oil"

An oil tanker belonging to a company registered in Los Angeles, USA, was arrested for collaborating in the “illegal transportation of Iranian oil” and violating…

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Record gas consumption in Iran and the Oil Minister's request to the public: Wear warm clothes

Oil Minister in the government of Ebrahim Raisi says that domestic gas consumption in Iran has hit a record high and calls on people to…

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Bloomberg: China buys Iranian oil as cheap as Omani and Malaysian oil

Bloomberg News reports that China is buying Iranian oil at a 10% discount to the market price. The news agency also said that oil imports…

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Iranian Vice President for Economic Affairs: We have been smuggling our oil for three years

Mohsen Rezaei has said that “the Zagros and Bakhtiari people should rise up against America.” The Iranian Vice President for Economic Affairs says: More than…

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US Department of Defense Spokesperson: Islamic Republic's Claims About Oil Tanker Are "Completely False and False"

A spokesman for the US Department of Defense has denied claims by the Islamic Republic of Iran’s Revolutionary Guard Corps that it is obstructing US efforts to seize a…

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Bushehr; A worker attempted suicide after not receiving his wage demands.

A worker at the Payandan Oil and Gas Company poured gasoline on himself after not receiving his wage demands.

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Reuters: US in talks with China to reduce oil purchases from Iran

A US official, speaking on condition of anonymity, told Reuters that the country is in talks with China to…

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Majlis Research Center: National Oil Company's $60 Billion Debt

The Parliamentary Research Center reported in a report that the National Iranian Oil Company had a debt of $60 billion by the end of 2019.…

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