U.S. President Donald Trump will reimpose "maximum pressure" on Iran and drive its oil exports down to zero, a U.S. official ...

Oil markets reversed course sharply on Tuesday morning following reports that President Donald Trump is preparing to issue a ...

Iranian Government Spokeswoman says the Petroleum Minister will soon share good news for Iranians in the oil sector.

Since the victory of the Islamic Revolution in 1979, Iran has emerged as a global leader in natural gas production and ...

By bnm Tehran bureau Iran is set to finalise deals with leading local firms to carry out a major pressure-boosting project in ...

TEHRAN - The managing director of the National Iranian Oil Company (NIOC) announced a 70,000-barrel-per-day (bpd) increase in ...

Crude oil futures recovered from an early deep selloff on Tuesday on reports that President Trump intends to return to a "maximum pressure" campaign against Iran that includes stopping oil exports ...

Iran has started a major project to develop oilfields at one of the country’s old reservoirs that is shared with neighboring Iraq.

Iran is experiencing a systemic energy crisis. While many times in the past, Iran has had gas shortages or refined product ...

Mohammad Khavarinejad, project manager for drilling operations at the West Karun oil fields under the National Iranian ...

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