oil - page 2

President praises oil industry for uninterrupted fuel supply amid war

President Masoud Pezeshkian, while appreciating the efforts of Iranian oil industry employees in maintaining uninterrupted fuel supplies and production under recent critical circumstances, has tasked the Ministry of Petroleum with two strategic missions: the optimal management of energy and petrochemicals.

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Publish Date: 20/May/2026 | 21:33

Middle East hostilities rapidly burn out global oil reserves

Global oil reserves are rapidly declining due to the ongoing Middle East conflict and restrictions on shipping in the Strait of Hormuz.

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Publish Date: 10/May/2026 | 22:46

Damaged oil facilities being rebuilt as quickly as possible

Oil minister said rebuilding damaged oil industry facilities is a priority and is now progressing well.

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Publish Date: 06/May/2026 | 22:38

Oil up 3% after Iran attacked US warship

Oil prices rose over 3% on Monday after Iran struck a US warship and forced it to turn back from entering the Strait of Hormuz.

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Publish Date: 04/May/2026 | 23:09

Managing Strait of Hormuz similar to nationalizing oil industry for Iran: Deputy speaker

Deputy Parliament Speaker Ali Nikzad says that Iran’s new management of the Strait of Hormuz should be viewed as significant, similar to the nationalization of the country's oil industry.

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Publish Date: 02/May/2026 | 17:19

Iran’s oil price per barrel tops $110 at global market

Iran’s oil price at the international market increased by more than $3 per barrel and exceeded $110 per barrel.

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Publish Date: 29/April/2026 | 20:11

Oil prices rise as Iran continues restrictions for US

Oil prices have risen after Iranian officials emphasized that the Strait of Hormuz will “under no circumstances” return to its previous state for the United States and its allies.

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Publish Date: 27/April/2026 | 19:36

No country able to block Iran's oil exports: Gen. Rezaei

A member of the Expediency Council General Mohsen Rezaei says that no country is able to prevent Iran from exporting its oil.

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Publish Date: 27/April/2026 | 19:32

Iranian oil tanker crosses into country’s territorial waters

The Iranian oil tanker “Sili City” has entered the country’s territorial waters with the support of Iran’s Army Navy Force, according to the reports.

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Publish Date: 21/April/2026 | 15:51

Oil prices spike above $103 after US announces 'naval blockade' on Strait of Hormuz

Global oil prices have surged after US President Donald Trump said the US Navy would enforce a blockade on the Strait of Hormuz, a strategic waterway through which about 20 percent of the world’s oil passes.

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Publish Date: 14/April/2026 | 13:39

IRGC Conducts Retaliatory Attack on US-Linked Oil Facilities in Region

The Islamic Revolution Guards Corps (IRGC) said it has carried out a retaliatory strike against oil facilities associated with the United States in the region.

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Publish Date: 19/March/2026 | 14:58

IRGC Warns People to Stay Away from Oil Facilities in Saudi Arabia, UAE, Qatar

The Islamic Revolution Guards Corps (IRGC) warned members of the public to stay clear of oil facilities in Saudi Arabia, the United Arab Emirates, and Qatar.

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Publish Date: 18/March/2026 | 22:51

US senator’s remarks show real issue is oil: Foreign Ministry spox

Foreign Ministry spokesperson Esmaeil Baqaei on Monday reacted to recent anti-Iran remarks by US Senator Lindsey Graham, saying the comments revealed the real motive behind Washington’s stance.

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Publish Date: 09/March/2026 | 14:22

Violating Tanker Struck at Hormuz Strait

An oil tanker was struck by a suicide drone at the Strait of Hormuz on Saturday morning after ignoring warnings from the Islamic Revolution Guards Corps Navy regarding unsafe conditions in the strait.

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Publish Date: 07/March/2026 | 12:21

Oil prices soar, stock markets fall amid regional conflict

Crude oil prices have risen sharply, while stocks are down, as investors weigh the fallout of the US-Israeli attacks on Iran.

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Publish Date: 02/March/2026 | 23:11

Oil prices continue to increase after Iran naval drills

Oil prices moved up sharply on Thursday, climbing above $71 per barrel, following Iran’s naval exercises in the Strait of Hormuz and the Sea of Oman.

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Publish Date: 20/February/2026 | 12:36

Oil Minister Does Not Rule Out Iran-US Cooperation in Oil, Gas Sector

Iranian Oil Minister Mohsen Paknejad stated that cooperation between Tehran and Washington in the oil and gas sector is possible in light of the ongoing nuclear negotiations, noting that it remains unclear whether such cooperation would become operational.

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Publish Date: 20/February/2026 | 12:35

US puts sanctions on oil fleet related to Iran

The United States Treasury Department has announced new sanctions on Iran, targeting a group of ships and their owners that Washington claims are used to support Iranian oil exports.

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Publish Date: 24/January/2026 | 20:59

Iran’s oil output to increase by 135k bpd: NIOC CEO

The chief executive of the National Iranian Oil Company (NIOC) says the country’s oil production will increase by 135,000 barrels per day (bpd) with the execution of contracts to purchase crude processing services of oilfields.

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Publish Date: 21/January/2026 | 23:22

Report: Iran’s oil sales hit new record in past 14 months

Iran’s oil sales during the last 14 months have hit a new record despite US-led pressures, according to Oil Minister Mohsen Paknejad.

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Publish Date: 15/January/2026 | 15:06