China’s 13.6% dependence on Tehran’s oil

China’s 13.6% dependence on Tehran’s oil

According to data received from tanker trackers, China imported an average of 1.38 million barrels of oil per day from Iran in the first half of 2025, equivalent to more than 13.6 percent of the country's total oil imports.

Fear and flight of giant oil tankers from the Strait of Hormuz

Fear and flight of giant oil tankers from the Strait of Hormuz

Following the escalation of tensions between Iran and the United States, two super-heavy oil tankers named Coswisdom Lake and South Loyalty, each with a capacity to carry 2 million barrels of crude oil, changed their course near the Strait of Hormuz and retreated south.

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Iraq is looking for Iranian gas

Iraq is looking for Iranian gas

The member of the oil commission of the Iraqi parliament stated that Iraq still needs Iranian gas because it takes a long time to exploit the gas.
Discovery of shale oil in Iran

Discovery of shale oil in Iran

The director of exploration of the National Iranian Oil Company said: 10 points in the country have been identified and confirmed that we have shale oil resources there, and with the model we have designed, it will be possible to harvest these oil resources.
Iraq and America negotiated on how to pay Iran’s demands

Iraq and America negotiated on how to pay Iran’s demands

In a meeting with the Deputy Secretary of the US Treasury, the Iraqi Foreign Minister reviewed the modernization of the country's banking and financial sector and the payment method of Iran's claims from the account of the Iraqi Trade Bank.