The value of Iran’s exports to India increased nine percent in the first seven months of 2023, as compared to the same period of time in 2022, according to the data released by the Indian Ministry of Commerce and Industry.
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Iran’s Parliament on Monday gave permission to the Oil Ministry for participation in foreign refinery construction projects.
Oil prices surged more than 3% on Monday as military clashes between Israel and the Palestinian Islamist group Hamas ignited fears of a wider conflict in the Middle East.
Iran has started building a new reactor at the second unit of the Bushehr nuclear power plant.
Iran and Belarus signed a memorandum of understanding (MOU) on cooperation in the economic fields on Monday.
A member of Iran’s Parliament said the country’s oil exports have surged despite sanctions.
Iran says it has received $43 million in damages from the United States under Case No. A15 of the Iran-United States Claims Tribunal.
In Baghdad, Maksat Babayev, Turkmenistan’s Minister of State for Gas Affairs, and his aides held an informative conversation with Iraqi Prime Minister Mohammed Al-Sudani.
Biden's new five-year plan offers just three offshore oil drilling sales, the lowest since the initiation of such plans in 1980.
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Iran’s nuclear chief says the recently expelled International Atomic Energy Agency (IAEA) inspectors were from the three European countries that repeatedly took hostile political positions against Tehran.
Russia is setting no time frame for the fuel export ban it introduced last month, and it will remain in place as long as necessary to stabilise prices and address shortages on the domestic market, Interfax cited Deputy Prime Minister Alexander Novak as saying.
The Islamic Republic of Iran has managed to push its oil output to 3.15 million barrels per day (bpd), the highest since 2018, the year Washington re-imposed sanctions on Iran, according to Reuters surveys and separate figures from OPEC.
The head of the Iranian Plan and Budget Organization (PBO) said that the government throws its weight behind the exporters of technical and engineering services.
An expert in international relations has described the rapprochement between Iran and Saudi Arabia as a positive step toward promoting cooperation.
With the failure of U.S. House Speaker Kevin McCarthy's final effort to keep the government running, a shutdown is looking increasingly certain south of the border.
A senior expert in West Asia affairs is convinced that the dispute over the Arash gas field, known as Al-Dorra in Kuwait and Saudi Arabia, will be resolved through holding political negotiations and reaching an agreement.