TEHRAN- Geopolitical tensions in the Persian Gulf and disruption of traffic through the Strait of Hormuz have created one of the biggest oil shocks in the global oil market. Based on physica... Read more
TEHRAN- Energy market analysts and observers believe that the UAE’s exit from OPEC and the OPEC+ group will weaken the influence of the organization’s member countries and their... Read more
TEHRAN- In one of the most tense periods in the history of the energy market, Iran’s authority in the Strait of Hormuz and the unprecedented crisis in US oil reserves have plunged the... Read more
TEHRAN- Reports indicate that following the escalation of consequences stemming from the outbreak of war in the West Asia, Iraq’s oil production has dropped by 70%, Mehr News Agency re... Read more
