The National Iranian Oil Company (NIOC) was established in 1948 and is owned by the government of Iran. It is a member of OPEC. Headquartered in Tehran, Iran, NIOC was first called the Anglo Persian ...

“The claims and accusations made by U.S. officials, that are aimed at exerting pressure on Iran, have no basis or credibility,” Araghchi said. The telephone call came after Foreign Minister Fuad ...

Talks with the U.S. are impossible unless Washington changes its pressure policy, the Iranian foreign minister said on Sunday ...

Iraq minister says Iranian tankers used forged Iraqi documents Tehran denies using such documents Iran says allegations came from U.S officials BAGHDAD, March 24 (Reuters) - Iraq's oil minister ...

Brent crude futures lost 31 cents at $73.72 a barrel at 0742 GMT, while U.S. West Texas Intermediate crude futures were down ...

Brent crude futures gained 49 cents to $73.51 a barrel by 0950 GMT, while U.S. West Texas Intermediate crude futures rose 48 ...

Iranian Foreign Minister Seyed Abbas Araqchi, in a phone conversation with his Iraqi counterpart Fuad Hussein, condemned US ...

The ECO Chamber of Commerce and Industry (ECO-CCI), established in 1990, is an affiliated body of the Economic Cooperation ...

Time to gas up, Kapamilya. Petroleum prices are set to increase this April following new US sanctions on Iran, the Department ...

The president plans to wield tariffs like financial sanctions, ordering that countries that buy Venezuelan oil have tariffs ...

Oil futures remained stuck in a range with traders weighing the same considerations as last week-the end of the cease-fire in Gaza, U.S. operations against Houthi rebels, tightened sanctions on Iran ...

Companies from Taiwan, Iran, Pakistan, South Africa and United Arab Emirates also were included in the roughly 80 companies ...