Oil minister Owji says Iran will process 100,000 bpd of its crude oil in Venezuela's El Palito refinery.

Caracas offers five million hectares of land following agricultural investment agreements with producers from Iran and other countries.

Joe Biden said Wednesday he has cancer, forcing the White House to quickly clarify it was only a mistaken verb tense.

A very large crude carrier (VLCC) has started discharging about 2 million barrels of Iranian condensate at a port in Venezuela in the latest energy swap which helps the two countries bypass illegal US sanctions.

China's imports of Iranian crude oil last year hit a record high since the US imposed sanctions on the Islamic Republic in 2018 with the aim of bringing the country's oil sale down to zero, Bloomberg reports.

US occupation forces set up an oil refinery in the northeastern Syrian city of Hasakah, as Washington continues to loot energy resources in the war-ravaged country.

A huge fire that swept through heavy crude containers at Tehran oil refinery is almost extinguished.