Recent Posts

Iran Plans No More Floating Oil Storage Sales

TEHRAN (FNA)- Iran has no plans to sell any more of the oil it holds in floating storage off its southern coast, a top Iranian oil official said in remarks published on Tuesday.

Read More »

Iran Blames Weak Dollar for Surge in Oil Prices

TEHRAN (FNA)- Thirty percent of the increase in the price of oil is because of the decrease in the value of the dollar, Iranian Foreign Minister Manouchehr Mottaki said.

Read More »

Turkey Raises Iran Gas Imports

TEHRAN (FNA)- Turkey will increase its imports of gas from Iran to compensate for a reduction in supplies from Azerbaijan resulting from the conflict in Georgia, a senior source from the Turkish pipeline company Botas said on Tuesday.

Read More »