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HomeIran

Iran

Iran
Crude Oil News

Iran’s Revolutionary Guards Capture Oil Tanker Amid Sanctions Dispute

March 9, 2024 Stu Turley

The Marshall Islands-flagged tanker Advantage Sweet was seized by Iran, with Tehran claiming retaliation for American sanctions and planning to use the oil sale proceeds to aid epidermolysis bullosa patients. The US State Department criticized […]

Iran
Big Oil Companies

BREAKING: Iran Steals $50 Million Worth of U.S. Bound Oil From Ship Seized Last Year

March 6, 2024 Mariel Alumit

On Wednesday, Iran confirmed its intention to seize the oil found aboard the Advantage Sweet, a cargo ship seized by the regime in the Persian Gulf back in April on allegations of being involved in […]

Pakistan
Geopolitical

Analyzing Pakistan’s Decision To Begin Building A Decade-Delayed Pipeline With Iran

February 29, 2024 Mariel Alumit

Observers shouldn’t interpret this move as a blatant act of defiance against the country’s traditional American partner, however, but rather as a pragmatic means to avoid having Iran take Pakistan to the International Arbitration Court […]

Geopolitical

Iran sends Russia hundreds of ballistic missiles

February 22, 2024 Mariel Alumit

Iran has provided Russia with a large number of powerful surface-to-surface ballistic missiles, six sources revealed, deepening the military cooperation between the two US-sanctioned countries. Iran’s provision of around 400 missiles includes many from the […]

vessels
Geopolitical

Russian warships train in India alongside vessels from US, Europe and Iran

February 20, 2024 Mariel Alumit

The South Asian nation is conducting the 50-nation MILAN 2024 exercises amid the Red Sea crisis Two Russian Navy vessels have arrived in India, where they will participate in the multinational MILAN 2024 drills. The […]

U.S.
Crude Oil News

The $2.8 Billion Hole in U.S. Sanctions on Iran

February 17, 2024 Stu Turley

For months, as Iran-backed groups attacked U.S. forces and allies in the Middle East, the Biden administration hailed its efforts to restrict Iran’s oil revenue — and the country’s ability to fund proxy militias. The […]

cyberattack
Geopolitical

US targeted Iranian warship with cyberattack – NBC

February 16, 2024 Mariel Alumit

  The operation aimed to degrade the vessel’s ability to share intelligence with the Houthis, US officials told the broadcaster The US carried out a cyberattack on an Iranian warship in the Red Sea over […]

Gas Pipeline
Geopolitical

Major Gas Pipeline Explosion In Iran Deemed ‘Terrorist Sabotage’

February 15, 2024 Mariel Alumit

In the overnight hours reports emerged of two explosions along Iran’s main south-north gas pipeline network. At least one of the massive fires that resulted was caught on video, which widely circulated, leading to speculation over whether […]

Shadow fleet
Crude Oil News

Shadow fleet faces tricky path to the breaker’s torch

February 7, 2024 Stu Turley

With the numbers of the so-called shadow tanker fleet peaking 10 months ago, there’s now evidence that many of the oldest vessels are being primed for scrap, though getting a good demo price for these […]

pipeline
Crude Oil News

Iran Launches New Gas Pipeline in SP Phase 16

February 6, 2024 Mariel Alumit

TEHRAN (Tasnim) – A new offshore gas pipeline was put into operation at Phase 16 of Iran’s South Pars Gas Field on Tuesday. The new offshore gas pipeline, costing €130 million to build, came into operation […]

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