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.
Iran says the supertanker carrying its oil sailing in international waters in the Strait of Gibraltar was not bound for Syria, and the UK was not allowed to seize it.
Eight cooperation agreements have been signed by representatives of Iran and Isfahan during a ceremony attended by Iran's Energy Minister Reza Ardakanian and his Russian counterpart Alexander Novak.
Iranian Search and Rescue vessel NAJI has managed to rescue 44 crew members of two oil tankers which had been targeted in the Sea of Oman, transferring them to the Iranian Island of Jask.
Iran’s recent move to stop implementing some of its commitments under the 2015 nuclear deal with world powers is indeed meant to save the deal, not to kill it.
Iran's Foreign Ministry spokesman has rejected a report by Reuters regarding the country's condition for staying in the Iran nuclear deal, known as the Joint Comprehensive Plan of Action (JCPOA).
Iranian Foreign Ministry Spokesman Seyyed Abbas Mousavi has downplayed the Bahraini foreign minister’s seemingly threatening remarks that Iran will not be allowed to close the Strait of Hormuz even for a single day.
Secretary-General of the Organization of the Petroleum Exporting Countries (OPEC) Mohammed Sanusi Barkindo says it is not possible to exclude Iran from the oil market.
An Iranian analyst says Iraq is now faced with a difficult choice between Iran and the US because the power balance it had created over the past years to establish ties with both sides is no longer feasible.
Iraq is set to maintain and even increase its natural gas and electricity imports from Iran to meet the extreme summer demand, defying the US’ move to stop issuing sanctions waivers for the countries that import energy from Iran.
Leader of Iran's Islamic Revolution Ayatollah Seyyed Ali Khamenei has downplayed the US’ refusal to renew sanctions waivers for the import of Iran’s crude oil, saying that the Islamic Republic will export petroleum as much as it wants.
