Iran Review > Energy and Economy
Iran overtakes Saudi Arabia as top oil supplier to India
Saturday, November 19, 2016

Iran overtook political rival Saudi Arabia as India's top oil supplier in October, shipping data showed, just ahead of a producers' meeting this month to hammer out the details on output cuts aimed at reining in a global glut.

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Germany’s Hermes returns to Iran
Wednesday, November 16, 2016

An official has reported on an agreement with Germany's Hermes Insurance Company to provide insurance coverage for investment projects in Iranian petrochemical industries.

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Iran to open LCs in Europe
Tuesday, November 15, 2016

ICCIM deputy head has announced that the country is now able to open Letter of Credit (LCs) in Germany, Switzerland, Italy and Austria.

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Rouhani calls for foreign investment in oil industry
Tuesday, November 15, 2016

Iranian President Hassan Rouhani while hailed the country’s oil industry as a leading industry in tapping post-JCPOA opportunities, said foreign investment was needed for full prosperity.

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Why Iran and India Are Getting Closer
Thursday, November 10, 2016

Alex Vatanka
In fact, both Tehran and Delhi have long eyed each other as befitting strategic partners that together can link up the subcontinent and west Asia in ways unseen before.

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Iran’s crude exports hit record high
Friday, November 4, 2016

Iran’s oil minister has announced that the country’s crude oil exports has reached 2.44 million barrels per day which marks a new record in the post-JCPOA era.

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Return of International Airways and Iran’s Dream of Becoming Transit Regional Hub
Wednesday, October 26, 2016

A year after Iran sealed the nuclear deal with world powers, giant international airways are rushing to resume flights to Iran.

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Iran Hails Exemption from OPEC’s Cuts as Victory But Winter Is Coming
Wednesday, October 5, 2016

On September 28, OPEC members reached a landmark agreement to cut supplies after eight years, during which Iran’s oil output was dented by the so-called crippling sanctions.

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Iran, India Open New Chapter in Relations after JCPOA
Saturday, September 10, 2016

Mehraveh Kharazmi
Iran and India are going through a new stage in their bilateral relations. The two countries, which have maintained cordial relations characterized by low tension in the past centuries, are now opening a new chapter, whose impact can even transcend the limits of their bilateral ties.

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A Glimpse on International Oil Markets
Wednesday, September 7, 2016

Abdolreza Ghofrani
Though, the importance of Middle East and its rich oil resources and in spite of developing new sources of energy in other parts of the world, US and other major oil consumers will not easily  leave this important and strategic region alone. As already mentioned, since the world oil markets are the most unstable one, so all oil rich regions of the world are always vitally needed for the consumers, particularly those in the West. 

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