The U.S. Treasury Department said in a statement it had blacklisted the four entities for facilitating the export of Iranian petrochemical products by Triliance Petrochemical Co. Ltd, which was ...
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National Iranian Oil Company (NIOC) – Involved In
Iran uses disguised tanker to export Venezuelan Oil
A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export, documents from state-run PDVSA show, providing evidence of the two countries’ latest tactics ...
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Mostazafan Foundation a pillar of Khamenei’s economic empire in Iran
The Mostazafan Foundation of Islamic Revolution, Bonyad-e Mostazafan Va Janbazan (MFJ), or simply Bonyad [Foundation in Persian], is the second-largest commercial enterprise in Iran behind the state-owned National Iranian ...
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U.S. issues fresh Iran-related sanctions targeting state oil sector
The United States on Monday imposed fresh Iran-related sanctions targeting the Islamic Republic's oil sector, including the Iranian Ministry of Petroleum, in Washington's latest action to increase pressure on ...
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China is ready to give Iran’s oil industry a major boost
With the 25-year deal with China now moving ahead at pace, Iran has a buyer for all of the crude oil it can produce, albeit at discounted levels, so ...
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Iran’s oil exports jump in September defying sanctions
Iranian oil exports have risen sharply in September in defiance of U.S. sanctions, three assessments based on tanker tracking showed, throwing a lifeline to the Islamic Republic and its ...
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