Iran

Energy

Iran’s oil revenues to top $27 bn in 2023: Parliament report

portnews - January 4, 2023

Iran’s oil revenues are estimated to reach over $27 billion in 2023, according to a parliament report which expects a tight global supply of...

Iran

Iran dispatches 4th export cargo ship to Venezuela

portnews - December 27, 2022

A new ship carrying Iran-made export goods has been dispatched by the Islamic Republic of Iran Shipping Line Group (IRISL) to Venezuela, IRIB reported. According...

Iran

Germany halts trade guarantees for Iran as bilateral relations sour

portnews - December 27, 2022

The German government has suspended export credit and investment guarantees for companies doing business with Iran, in light of the harsh crackdown on protests...

Iran

Russia & Iran boost trade movement through the Volga-Don canal

portnews - December 23, 2022

Russia and Iran are working on an infrastructure expansion program that would vastly increase their inland trade ties, including a substantial investment in the...

Finance

Dozens of ships unable to unload at Iranian ports as payment systems complicate

portnews - December 23, 2022

Dozens of merchant ships with grains and sugar are stuck outside Iranian ports after weeks of delays as payments snags disrupt flows of goods...

Iran

Iran: Export, import of commodities in ports surges 5.7 percent in 9 months YoY

portnews - December 23, 2022

The import and export of commodities in the ports of Iran surged by 5.7 percent in the opening nine months of the current Iranian...

Energy

Iran increases crude oil output to 3 mln bpd: minister

portnews - December 23, 2022

Iranian Petroleum Minister Javad Owji said on Wednesday that his country’s crude oil output has been increased by 200,000 barrels per day (bpd) to...

Iran

Russia Invests in Volga-Don Canal as Trade With Iran Booms

portnews - December 22, 2022

Russia and Iran are working on an infrastructure expansion program that would vastly increase their inland trade ties, including a substantial investment in the...

Iran

Payment Issues Leave Dozens of Bulk Carriers Stranded Off Iran

portnews - December 21, 2022

Dozens of merchant ships with grains and sugar are stuck outside Iranian ports after weeks of delays as payments snags disrupt flows of goods...

Energy

Iran says discovers new oil reserves in SW

portnews - December 7, 2022

Iran said on Tuesday that new oil reserves have been discovered in the southwest of the country, semi-official Tasnim News Agency reported. The announcement was...

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