Iran's Oil Export

US policy of maximum pressure on Iran failed experiment: min.

TEHRAN, May 14 (MNA) – Iran’s oil minister emphasized the diversification of the country’s crude oil sales portfolio, stating that the policy of maximum pressure is a repetitive slogan by the US and a failed experiment.

US sanctions network facilitating Iran oil sales

TEHRAN, May 13 (MNA) – The US Treasury Department has sanctioned an international network for its alleged facilitation of the shipment of millions of barrels of Iranian crude oil worth billions of dollars to China

Oil industry is driving force of Iran's economy: PBO chief

TEHRAN, May 11 (MNA) – The head of Iran’s Plan and Budget Organization (PBO) described the oil, gas, refining and petrochemical industries as the driving force of the country’s economy.

Oil up 2% as Trump threatens new sanctions on Iran

TEHRAN, May 02 (MNA) – Global oil markets surged on Thursday following threats from U.S. President Donald Trump to impose secondary sanctions on any country purchasing crude or petrochemical products from Iran.

Petchem output capacity to hit 105m tons by yearend

TEHRAN, May 1 (MNA) – The CEO of the National Petrochemical Company (NPC) has announced that nominal production capacity of the petrochemical industry is expected to reach 105 million tons by the end of the Iranian calendar year 1404 (March 2026).

US imposes sanctions on Iran oil traders amid nuclear talks

TEHRAN, Apr. 30 (MNA) – The US State Department announced sanctions against seven entities engaged in trading Iranian petroleum products Wednesday, a few days before the fourth round of talks between the two talks in the Italian capital.

In Persian Gulf;

Iran seizes vessel smuggling over 84,000 liters of fuel

TEHRAN, Apr. 30 (MNA) – Iranian border guards have intercepted a vessel in the waters of Minab County, seizing over 84,000 liters of smuggled fuel in one of the largest maritime anti-smuggling operations in recent months.

NIOC to launch 15 energy optimization projects

TEHRAN, Apr. 20 (MNA) – The National Iranian Oil Company (NIOC) has introduced 15 major energy optimization projects in the industrial, construction and transportation sectors.

NIOC to introduce 23 oil, gas exploration blocks

TEHRAN, Apr. 19 (MNA) – The National Iranian Oil Company (NIOC) is set to introduce 23 onshore and offshore exploration blocks to accelerate hydrocarbon resource exploration and attract investment.

Iran's oil output increases by 12,000 bpd: OPEC

TEHRAN, Apr. 14 (MNA) – The Organization of Petroleum Exporting Countries (OPEC) in its latest report has said that Iran's oil production volume has increased by 12,000 barrels per day (bpd ) in March, reaching 3.335 million barrels per day.

Iran’s foreign trade hits $130 billion in 2024: IRICA

TEHRAN, Apr. 06 (MNA) – Iran’s foreign trade reached $130 billion in the previous Iranian calendar year (March 21, 2024 to March 20, 2025).

Iran's Oil Ministry responds to media claims about oil sales

TEHRAN, Mar. 24 (MNA) – An official at Iran’s Oil Ministry responded to certain media claims regarding the country’s oil sales, emphasizing that Iran’s oil trade complies with all accepted standards and norms in oil transactions.

Iran aims to become energy hub in region: Veep

TEHRAN, Mar. 16 (MNA) – Iran's First Vice President Mohammadreza Aref stated that Iran is striving to become a regional energy hub, emphasizing that achieving that goal is a top priority for the administration of President Masoud Pezeshkian.

Iran’s oil exports cannot be stopped: Govt. spokeswoman

TEHRAN, Mar. 15 (MNA) — Iranian Government Spokeswoman Fatemeh Mohajerani says that Iran’s exports of oil cannot be stopped despite sanctions imposed against the country.

Iran begins gas production from first infill well at S Pars

TEHRAN, Mar. 12 (MNA) – Iran started gas production from its first infill well at South Pars, the country’s largest gas field in the Persian Gulf, increasing supply to meet growing energy demand.

Iran rejects reports of ceasing Iranian oil vessels: FM spox

TEHRAN, Mar. 10 (MNA) – The spokesperson for Iran's Foreign Ministry dismissed claims made by a foreign media outlet regarding the halting of Iranian oil tankers, describing them as fabricated, false, or biased reporting.

Report:

Sanctions tangling, not stopping China’s Iran oil trade

TEHRAN, Mar. 09 (MNA) – A Western media report has said that the newly intensified sanctions against Iran are not going to stop Iranian oil exports to China but they are just squeezing the trade.

US mulls plan to disrupt Iran's oil by halting vessels at sea

TEHRAN, Mar. 06 (MNA) – President Donald Trump's administration is considering a plan to stop and inspect Iranian oil tankers at sea under an international accord aimed at countering the spread of weapons of mass destruction.

Iran petchem exports increased despite draconian US sanctions

TEHRAN, Mar. 05 (MNA) – The petrochemical exports of Iran under the administration of President Pezeshkian have considerably increased in spite of the tough sanctions imposed by the United States against the country.

NIOC announces Iranian crude oil OSP for March

TEHRAN, Mar. 03 (MNA) – National Iranian Oil Company (NIOC) has set official selling prices (OSP) for Iranian crude oil in March, so that Iran’s light crude oil will be priced $4.35 above the benchmark price (Oman/Dubai crude) for Asian customers.

Iranian oil supply to China in set to rebound in March 2025

TEHRAN, Mar. 01 (MNA) – China's imports of Iranian oil is set to rebound in March as non-sanctioned tankers, drawn by lucrative payoffs, joined the trade replacing vessels under US embargo, trade sources and analysts said.

Iran reacts to fresh US sanctions on its oil trade

TEHRAN, Feb. 26 (MNA) – Iran’s Foreign Ministry spokesman Esmaeil Baghaei strongly reacted to the latest US sanctions targeting vessels, individuals, and entities allegedly involved in Iran’s crude oil trade.

Iraq rejects oil exports from Kurdistan under US pressure

TEHRAN, Feb. 23 (MNA) – Iraqi authorities have rejected reports that they have allowed a resumption of oil exports from the Kurdistan region because of threats by the US government.

US piles pressure on Iraq to resume Kurdish oil exports

TEHRAN, Feb. 22 (MNA) – US President Donald Trump's administration is piling pressure on Iraq to allow Kurdish oil exports, a report says.

Iran's crude oil exports to China surges despite US sanctions

TEHRAN, Feb. 20 (MNA) – Iranian crude oil flows to China have rebounded this month after a US sanctions on shipments launched in late 2024 decimated them in January.

Minister:

Russians cooperating with Iran on developing oil fields

TEHRAN, Feb. 17 (MNA) – Iranian Minister of Petroleum Mohsen Paknejad stated that Russian firms are collaborating with Tehran to develop Iran's oil fields.

Report:

Iraq to ban more banks from US dollar transactions

TEHRAN, Feb. 17 (MNA) – Iraq is working with the United States to ban more local banks and financial firms from engaging in US dollar transactions, according to a report.

US Trump's wish not to come true: Iranian oil minister

TEHRAN, Feb. 12 (MNA) – The recent remarks by Iran's Oil Minister Mohsen Paznejad have garnered widespread attention in the global media, saying that US President Donald Trump's wish to minimize Iran's oil exports to zero level will not come true.

Trump will not achieve his goals regarding Iran’s oil exports

TEHRAN, Feb. 10 (MNA) – Iran's oil minister says that Donald Trump will never achieve his goals regarding Iran’s oil exports.

Pezeshkian responds to Trump's threats against oil exports

TEHRAN, Feb. 05 (MNA) – Iranian president has responded to the US president's threats to bring Iran oil exports to zero, saying that "They think that everything we do depends on oil so they can stop it, while there are many other ways."