Iran plans to dramatically boost oil production from shared fields with Iraq, particularly in the West Karoun cluster.

This country holds the world’s largest known natural gas reserves, accounting for nearly 20 per cent of the global supply, ...

With U.S. waivers on Iranian energy imports revoked, Iraq is under pressure to rapidly develop its own non-associated gas ...

OPEC is planning to increase its oil production quotas, but Trump's tariffs and threats to other nations will cause prices to ...

An analysis of Iran’s crude oil prices in 1403 (year ended late March 2025) shows that while geopolitical and political events cause short-term price volatility, market factors—particularly supply and ...

Iran’s Deputy Foreign Minister for Political Affairs, Majid Takht-Ravanchi, launched a potent diplomatic campaign at the ...

Languages: English and Farsi Iran's Revolutionary Guard has seized two foreign oil tankers in the Persian Gulf, accusing them of smuggling diesel fuel, according to state media. The latest seizure ...

TEHRAN- Due to the importance of compressed natural gas (CNG) in reducing dependence on gasoline and improving air quality, ...

Saudi Arabia Canada Iran China USD 14 trillion worth of natural resources. Holds the world’s largest proven oil reserves. India, by comparison, has around USD 500 billion worth of natural resources.

- Oil prices rose about 1% in choppy trade on Monday as U.S. President Donald Trump threatened to impose secondary tariffs on buyers of Russian oil and warned Iran of possible military action if ...