Iran says that its oil tanker hit by two missiles on Friday morning in the Red Sea near the Saudi port city of Jeddah is on the way back home and would arrive in Iran within 9 or 10 days.
Iranian Minister of Petroleum Bijan Zangeneh says the Iranian company Petropars will develop the Phase 11 of giant gas field South Pars after the Chinese company CNPC International pulled out of the contract.
The cyberspace security centre of Iran president's office (AFTA) has in a statement rejected Western media reports that Iranian oil facilities and other vital infrastructure have been targeted by successful cyber-attacks.
Iran has launched a scheme to explore and use new undersea gas reserves in the Persian Gulf, considering an inevitable drop of pressure at the giant South Pars gas field, shared with Qatar.
Hawkish American Senator Lindsey Graham has says the US should mull bombing Iranian oil refineries if Tehran continues boosting its nuclear enrichment to higher grades.
Iran's Foreign MInistry Spokesman Seyyed Abbas Mousavi says the fate of the 'offending' British oil tanker Stena Impero, which is impounded in Iran, is not at all related to the recent move by Gibraltar to release the Iranian oil tanker Adrian Darya (formerly Grace-1).
Iranian Foreign Ministry Spokesman Seyyed Abbas Mousavi says the country has officially warned the US government against making any fresh attempt to seize the Iranian oil tanker Adrian Darya (formerly Grace-1) which was recently released by Gibraltar after an unlawful 45-day seizure.
Iran’s Navy commander has voiced readiness for bringing the supertanker Adrian Darya back to home under naval escort after the government of Gibraltar released the Iranian vessel.
The US Department of Justice (DOJ) has unveiled a warrant for the seizure of the Iran-operated Grace 1 supertanker a day after Gibraltar’s Supreme Court confirmed the release of the vessel.
The supertanker Grace-1 has been renamed to “Adrian Darya” and reflagged under the Iranian flag upon the ship owner’s request, a senior Iranian official said, as the vessel prepares to leave Gibraltar on Friday.
Iranian officials say oil exports from the east of the Strait of Hormuz, where over 30 percent of the global seaborne oil traffic is handled, will be possible by early 2021 thanks to a major pipeline project which aims to pump crude to the eastern end of the waterway.
An energy official says the high-quality gasoline produced in Iran is so reasonably priced that nine neighbouring states are competing for a share of the fuel.
The United Kingdom’s Ambassador to Tehran Rob Macaire says the Islamic Republic must be allowed to sell its crude oil despite the US sanctions, and London supports the country in doing that.
The Islamic Revolution Guards Corps (IRGC) Navy says it has seized a foreign vessel carrying one million litres of smuggled fuel south of Larak Island in the Persian Gulf, the state TV announced Thursday.
A senior member of the Iranian parliament has shared more details of a plan to collect tolls from foreign ships passing through the Strait of Hormuz in the Persian Gulf.