The president says lower prices could solve a range of problems, but finds early resistance in the oil market.

While the GECF isn't a full cartel yet, growing cooperation among members suggests a future alliance is possible. This potential cartel's direction will depend on policy alignment among GECF members ...

By bnm Tehran bureau Iran is set to finalise deals with leading local firms to carry out a major pressure-boosting project in ...

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Iraq’s parliament on Sunday approved a budget amendment to subsidise production costs for international oil companies operating in the semi-autonomous Kurdistan region in a move aimed at unblocking ...

The regime is grappling with the collapse of its regional "Axis of Resistance" and mounting economic troubles at home.

Iranian state TV says Iran test-fired an anti-warship cruise missile with a range of 1,000 kilometers (600 miles) capable of ...

Goldman: "We estimate that Brent could temporarily rise to $93/bbl in a scenario where sanctioned supply falls by 1mb/d persistently for Iran and temporarily for Russia" ...

Since the Syrian civil war began in 2011, Turkey has taken a clear stance against the Assad regime, supporting opposition and rebel forces. Following the fall of the Alawite regime and the rise of ...

The Islamic Republic is closer to a bomb than ever before, as our interview with the world’s nuclear watchdog explains. Since ...

Azerbaijan has doubled its natural gas supplies to Bulgaria in 2024, reaching 2 billion cubic meters. Azerbaijani Ambassador ...

The Islamic Republic is more vulnerable than it’s been in years. The US should use its leverage to push for a lasting deal.