Tag: iran oil

Iran's oil industry is currently confronting significant challenges as the nation is unable to cease production without risking damage to its wells. The ongoing sanctions and blockade have severely restricted the country's ability to export crude...
Iran has set a target to re-establish 70 to 80 per cent of its oil refining and distribution capacity to levels prior to the recent attacks within a timeframe of one to two months. This was...
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US Treasury Authorises Temporary Sale of Iranian Oil to Stabilise Global Markets

In a recent statement, US Treasury Secretary Scott Bessent announced a short-term authorisation allowing for the sale of Iranian oil that is currently stranded...

Why Iranian Oil Remains Key to Global Energy Supply

When individuals fill their vehicles or travel by air, the history of the fuel often traces back to crude oil sourced from various fields....

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