TEHRAN - Iran is streamlining its refinery development strategy by prioritizing projects that offer higher returns and can be ...

National Iranian Oil Refining and Distribution Company (NIORDC) has increased gasoline production at the Isfahan refinery by ...

Donald Trump-led United States on Thursday imposed new Iran-linked sanctions on one individual and several entities, including a Chinese "teapot" oil refinery for purchasing and processing Iranian ...

The U.S. on Thursday issued new Iran-related sanctions, targeting entities including for the first time a Chinese "teapot", or independent refinery, and vessels that supplied crude oil to such ...

The US also placed sanctions on an oil terminal in China where it said Iranian crude was stored. The measures are being imposed as part of Trump’s “maximum” pressure campaign to drive Iran’s oil ...

The report highlights that while Iranian oil exports rose to nearly 1.5 million barrels per day (bpd) in January—the highest ...

The US is sanctioning a Chinese oil refinery and a terminal operator over ... refining system as President Donald Trump seeks to press Tehran into a fresh nuclear deal. China’s private refiners ...

China is largest importer of Iranian oil and ‘teapot’ refiners are private Chinese refineries that are primary buyers of ...

They added, “We think it reasonable that the risk premium here is taken more seriously.” It was the fourth round of sanctions on Iran's oil sales since President Donald Trump's February call for ...

The United States on Thursday sanctioned a China-based oil refinery that purchased Iranian oil worth around $500 million from Huthi-linked ships, as the White House ramps up pressure on Iran.