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South Iran power grid reliability boosted
11 July 2026
3:35 PM
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The CEO of Pars Oil and Gas Company has announced the completion and commissioning of the third steam unit at the South Pars Besat Combined Cycle Power Plant, marking a significant milestone in strengthening the reliability of southern Iran's electricity grid.

Iran Condemns US Revocation of Oil Sanctions Waiver
9 July 2026
6:02 AM
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a statement issued on Wednesday, the Foreign Ministry said the US Treasury Department’s decision to revoke the temporary suspension of sanctions on Iran’s oil sales constituted “a flagrant violation of Clause 10 of the Memorandum of Understanding on the Termination of the War, dated June 18, 2026.”

Post-war era: smart reconstruction, not a return to past: energy expert
8 July 2026
6:49 AM
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An oil and gas expert stated: Wars do not only destroy infrastructure; they also transform the logic of investment. Any country emerging from a security crisis faces two choices. The first is merely compensating for past damages, and the second is building a more resilient, competitive, and attractive economy for investment from the heart of the crisis.