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Iran formally opens oil terminal outside Strait of Hormuz
Jul 22, 2021 13:53Iran has formally inaugurated its new crude oil export terminal on the Sea of Oman, a project hailed by President Hassan Rouhani as a historic achievement which could prove vital in the country’s energy future.
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High oil prices won’t benefit producers in long-run: Zanganeh
Jul 18, 2021 16:56Iran’s Oil Minister Bijan Namdar Zanganeh says rising international oil prices won’t benefit producers in the long-run as he warns against impacts of the prices on the oil production economy.
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US transfers convoys laden with stolen Syrian oil from Hasakah to Iraq: SANA
Jul 16, 2021 19:05US military vehicles, including tanker trucks laden with stolen Syrian oil, have left the Khrab al-Jir base in the northeastern province of Hasakah for Iraq over the past 24 hours.
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Iran won’t hesitate to return to oil market, Zanganeh tells OPEC+
Jul 04, 2021 05:54Iran’s Oil Minister Bijan Namdar Zanganeh has told the OPEC+ alliance of oil producing nations that Iran will not hesitate to return to the oil markets once US sanctions on the country are lifted.
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OPEC members concerned how Iran will return to oil market: Minister
Jul 01, 2021 18:40Oil Minister Bijan Namdar Zanganeh says that some members of the Organization of Petroleum Exporting Countries (OPEC) are concerned about how a return of Iranian supplies to the international markets would affect the prices.
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US blow to Iran’s oil income foiled: President
Jun 28, 2021 06:00The outgoing president of Iran said his administration has managed to thwart the serious harm that the US has been seeking to do to the country’s oil revenues.
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US military dispatches over 50 trucks to oil-rich Hasakah in northeastern Syria: Report
Jun 18, 2021 05:38Amid Washington’s attempts to further loot oil reserves and natural resources in Syria, the United States military has dispatched truckloads of ammunition and logistical equipment to the Arab country’s northeastern Province of Hasakah.
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Saudi first quarter GDP shrinks 3%, hit by oil sector decline
Jun 14, 2021 13:37Saudi Arabia's gross domestic product fell 3% in the first quarter, slightly less than official estimates and compared with a 1% contraction last year, as a sharp fall in the oil sector pulled back the economy, data showed.
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Oil-based spill pollutes coast of Taboga Island, Panama
Jun 11, 2021 12:52An oil-based substance spill pollutes the beaches of Taboga Island, in Panama, killing wildlife and affecting locals who say the spill compromises the fishing industry and tourism. Authorities have not been able to identify the source of the spill and have been cleaning it for the past four days.
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US continues plundering Syrian natural resources to back militants: Russia’s Lavrov
Jun 10, 2021 11:15Russian Foreign Minister Sergei Lavrov has once again slammed the unlawful presence of the United States in Syria, saying the US forces continue to plunder the Arab country’s wealth extensively to support militants.