Posts Tagged: Iran oil prices
Hit by Coronavirus, Drop in Oil Prices and US Sanctions, Iran’s Economy Heads for Free Fall
JNS.org - With the coronavirus pandemic sending oil prices to record lows, for Iran, which relies on oil exports as its top revenue source, the...
Iranian Port City Bears Brunt of Crackdown
The Iranian port city of Bandar-e-Mahshahr has emerged as the scene of some of the worst violence in Iran’s brutal crackdown on recent anti-government protests. Bandar-e-Mahshahr is located...
Iran Welcomes OPEC Deal That Cuts Oil Production, Raises Prices
Iran’s President Hassan Rouhani on Thursday welcomed an OPEC deal that cut the oil cartel’s output to push up crude prices. Speaking in a provincial meeting,...
Millions of Iranian Oil Barrels to Flood World Markets Next Week
Millions of extra barrels of Iranian crude oil could begin spilling on to world markets next week, adding further to fierce downward pressure on prices,...
Iran Tax Revenue Surpasses Oil Income for First Time in Almost 50 Years
The Iranian government is earning more from tax than oil for the first time in almost half a century as the country shifts its traditional...
