Iran’s foreign Minister says disruptions to maritime navigation in strategic waterway are a direct consequence of US-Israeli imposed war against the Islamic Republic.

Tangsiri warns that any attack on Iran’s Kharg Island would fundamentally alter global energy markets.

Saudi Arabia cuts oil output by 20 percent as Iran continues to control traffic through the Strait of Hormuz, according to a report.

Iranian scientists develop eco-friendly magnetic nano-demulsifiers from renewable materials, revolutionizing crude oil purification by improving efficiency, reducing toxicity, enabling reuse, and advancing sustainable petroleum technology.

New IEA figures show Iran produced 3.5 million barrels per day of oil in November.

An official says Iran needs up to $180 billion to raise its oil output by 1 million bpd by 2028.

Iran’s oil minister says the country has significantly increased its oil production despite US sanctions.