Iran

Tensions in the region spike as US blames Iran.

A recent episode involving three, allegedly Iranian, vessels and a British-flagged tanker near the Strait of Hormuz is just one of the recent events of this nature. This analysis looks at these events, the threat they pose, and how the strategy to protect oil flow from the Persian Gulf is evolving.

Reports 20 June that Iran shot down a US Navy drone over the Strait of Hormuz—the global oil market’s most critical transit point—exacerbated tensions in the region following a pair of attacks on oil tankers in the Gulf of Oman just a week earlier.

The US re-imposing sanctions on Iran has prompted Total to consider dropping its stake in a project designed to bolster output from the world’s largest gas field.

Iraqi forces are preparing an operation to consolidate control of an area near the Iran border to be used for the transit of Iraqi oil, two officials said, highlighting concern about mountainous terrain where two armed groups are active.

Draeger Safety is seeking to expand its market share in Iran’s petroleum industry.

Iran’s national oil company is offering investment opportunities in 50 fields to global bidders, its first effort to do so since the 2015 pact with world powers that lifted nuclear-related sanctions against the country.

With Iran re-entering the global oil market, this article looks at the state of Iran's oil industry, the condition of its fields, its use of technology, and its present and future production potential.

Iran’s oil and gas sector has been significantly affected by the introduction and tightening of international sanctions in recent years. represents a significant step forward in terms of normalizing the country’s relations with the global community.