9+ hour, 40+ min ago   (1649+ words) Iran’s southern Bushehr province exported more than $2.36 billion worth of goods between March and August, amid the US naval blockade, state news agency IRNA reported Sunday. Ali Soleimani, the province’s customs chief, said exports totaled 5.1 million metric tons and were…...

13+ hour, 34+ min ago   (1665+ words) Oil, gas and Iran economic analyst Foreign investment in Iran has effectively come to a halt following the war with Israel and the United States, with no new foreign investment recorded so far this Iranian year, a senior industry ministry…...

1+ day, 13+ hour ago   (1645+ words) Middle Eastern oil exporters are finding ways around months of war and shipping disruption, with UAE crude exports back at pre-war levels, according to TankerTrackers.com, which says Iranian exports have effectively vanished. Southern Iraqi exports are now about 33% below…...

4+ day, 5+ hour ago   (1644+ words) Iran routed an estimated $2 billion to $2.5 billion through a China-based trade mechanism over the past year, using proceeds from oil sales to pay for Chinese goods and, at least once, contracts for military equipment, Reuters reported on Thursday. The barter-like…...

4+ day, 22+ hour ago   (1644+ words) Any vessel entering a designated restricted zone around the Strait of Hormuz, whose exact coordinates will be announced, will face sanctions and lose access to maritime, insurance and support services, IRGC spokesman Hossein Mohebbi said. A new Iranian oil trading…...

4+ day, 22+ hour ago   (1646+ words) A new Iranian oil trading network has been entrusted with selling millions of barrels of sanctioned crude even though its members still owe billions of dollars from earlier sales, according to documents obtained by Iran International and Oil Ministry sources....

5+ day, 7+ hour ago   (1657+ words) Oil prices rose more than $1 in early Wednesday trade after Iran launched new missile attacks at Jordan, Reuters reported. Brent crude futures climbed $1.57, or 1.6%, to $99.49 a barrel, while US West Texas Intermediate crude rose $1.60, or 1.72%, to $94.63, according to the report....

5+ day, 12+ hour ago   (1664+ words) Oil, gas and Iran economic analyst Iran’s decision to double the price of gasoline sold outside subsidized quotas could generate less than $500 million in additional annual revenue under current consumption patterns, but can it resolve the structural pressures behind the…...

6+ day, 14+ hour ago   (1572+ words) Employees of Iran’s oil industry held protests Monday at offshore platforms operated by Pars Oil and Gas Company and in the southern energy hub of Assaluyeh, demanding changes to pay, taxes and benefits as US economic pressure weighs on Iran’s…...

6+ day, 16+ hour ago   (1639+ words) Employees of Iran’s oil industry held protests Monday at offshore platforms operated by Pars Oil and Gas Company and in the southern energy hub of Assaluyeh, demanding changes to pay, taxes and benefits as US economic pressure weighs on Iran’s…...