Iran sanctions waiting for Venezuela?

Iran sanctions waiting for Venezuela?

Venezuela, having the world's largest proven oil reserves, is under US sanctions, resulting in difficult economic conditions. Of course, since last year, the Biden government reduced some of these oil sanctions on the condition of holding free elections. Now and after the recent events, there is a possibility that the Biden administration, fearing the increase in oil prices, instead of sanctioning this sector, will resort to sanctions similar to Iran, i.e. individuals and governmental institutions.
The IRGC seized a Togolese-flagged oil tanker in the Persian Gulf

The IRGC seized a Togolese-flagged oil tanker in the Persian Gulf

The public relations of the third region of the IRGC Navy announced in an announcement that a tanker carrying more than 700,000 liters of smuggled oil with the flag of Togo and 9 crew members was seized in the northern waters of the Persian Gulf by the fighters of this region.
Middle East oil companies at the top of the world

Middle East oil companies at the top of the world

New statistics and research results show that the new realities that the Middle East oil companies have taken step by step in order to improve and accelerate the retreat from the wrong policies of the Western governments have put it on the agenda.
The upward trend of China’s oil imports from Iran

The upward trend of China’s oil imports from Iran

Since the end of last year, some ports in China have continuously received a significant amount of Iranian crude oil. This upward trend, confirmed by tanker tracking companies and commercial resources, indicates the continuation of China's oil purchases from Iran at the highest possible level in recent years.
The growing trend of exploitation of offshore oil fields

The growing trend of exploitation of offshore oil fields

A senior expert in marine and energy industries, referring to the development of South Pars phases, described the country's progress in the offshore field as an occasion and said: Iran will need billions of dollars in various types of vessels and offshore industries in the coming years.