Isfahan blast occurred as a refinery fire broke out and a 5.9-magnitude earthquake hit.
Iran agrees to ship missiles, more drones to Russia, defying the Western powers.
Iran promised to supply Russia with surface-to-surface missiles in addition to more drones. This is a move likely to anger the United States and other Western countries.
Russia is China’s top oil supplier for 3rd month in July
Russia remained China’s top oil supplier in July for the third consecutive month, according to data released on Saturday. Independent refiners increased their purchases of discounted supplies and cut shipments
Iran talks delay could cause oil price to rise further
Analysts predict that oil prices will rise further this week as a result of delays in the Iranian nuclear talks’ conclusion and the possible return of Iranian crude oil to
China has been importing Iranian oil under the radar despite violating U.S. sanctions
According to Vortexa Analytics, China has transferred nearly four million barrels of Iranian crude oil into its state reserve tanks in Zhanjiang’s southern port city. This was done over the
Israel Declares It Is Ready To Attack Iran Following Oil Tanker Drone Strike
Israel is prepared to attack Iran, Israeli Defense Minister Benny Gantz was quoted as saying on Thursday, a week after an Israeli-linked oil tanker was attacked in the Gulf of Oman by
Counting the Cost Of Russia’s Mediterranean Pivot
Russia’s vast majority lives in western regions, near the borders of Europe and the Black Sea. Moscow has been able to gain influence and regain its superpower status by establishing cultural
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Bitcoin mining banned in Iran until September
Iran’s government has placed an immediate embargo on Bitcoin and crypto mining to preserve electricity over the summer months.
Oil drops below $64 as rising OPEC+, Iranian output weighs
LONDON (Reuters) – Oil fell to below $64 a barrel on Monday as rising supply from OPEC+ and higher Iranian output countered signs of a strong economic rebound in the
Ben Robson – The week of 6th-10th January 2020
The first full week of trading in 2020 is likely to see choppy markets, principally because of uncertainty caused by escalating belligerent vitriol between the US and Iran.