Iran’s oil exports jump in September defying sanctions: TankerTrackers

© Reuters. A gas flare on an oil production platform is seen alongside an Iranian flag in the Gulf By Bozorgmehr Sharafedin and Alex Lawler LONDON (Reuters) – Iranian oil exports have risen sharply in September in defiance of U.S. sanctions, three assessments based on tanker tracking showed, throwing a lifeline to the Islamic Republic […]

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Iran’s rial hits new low on unofficial market; virus, sanctions weigh

© Reuters. A man displays the Iranian currency at Ferdowsi square in Tehran DUBAI (Reuters) – The Iranian rial fell to a new low against the U.S. dollar on the unofficial market on Saturday and has now seen its value fall by almost half in 2020 as the economy comes under pressure from the coronavirus […]

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Special Report: Inside Iran’s secret project to produce aluminium powder for missiles

5/5 © Reuters. FILE PHOTO: Iran’s Supreme Leader Ayatollah Ali Khamenei speaks during Friday prayers in Tehran 2/5 By Bozorgmehr Sharafedin and Pratima Desai LONDON (Reuters) – At the edge of the desert in North Khorasan province in northeast Iran, near the country’s largest deposit of bauxite, sits an aluminium production complex that the government […]

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Iran’s fuel reaches Venezuelan stations, fifth tanker headed to Caribbean

© Reuters. FILE PHOTO: Workers of the state-oil company Pdvsa holding Iranian and Venezuelan flags greet during the arrival of the Iranian tanker ship “Fortune” at El Palito refinery in Puerto Cabello By Deisy Buitrago and Mircely Guanipa CARACAS/MARACAY,Venezuela (Reuters) – Venezuela’s state-run oil company PDVSA began supplying the nation’s stations on Saturday with fuel […]

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New platform increases Iran’s oil production by 6,000 bpd: IRNA

© Reuters. New platform increases Iran’s oil production by 6,000 bpd: IRNA DUBAI (Reuters) – Iran’s oil production capacity increased by 6,000 barrels per day after a platform was installed at the offshore Salman field in the Gulf, the official news agency IRNA reported on Saturday, citing Alireza Salmanzadeh, head of the Iranian Offshore Oil […]

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