A U.S. blockade of Iran-related shipping has halted Iranian crude oil exports since it was reimposed in mid-July.
The U.S. administration can't afford to have the Houthis close the strait, driving up energy prices and disrupting global trade.
the IRGC navy said on Saturday it targeted three oil tankers travelling unauthorized routes in the strait as well as three additional U.S. vessels in other...
Afghanistan’s Minister of Mines and Petroleum, Hedayatullah Badri, met with Qatar’s ambassador to Afghanistan, Mirdif bin Ali Al-Qashouti, in Kabul on Sunday. According to the Ministry...
Before the war began in February, the strait carried roughly one-fifth of global oil and liquefied natural gas shipments.
Iraq produced around 4 million barrels of oil per day before the outbreak of the Iran war.
Oil prices climbed more than 4% to their highest in more than a month on Friday after the U.S. and Iran stepped up attacks across the...
The U.S. has issued a 30-day waiver for countries to buy sanctioned Russian petroleum products currently at sea, hoping to ease oil and gas prices driven...
Iran’s Revolutionary Guards said on Tuesday they would not allow “one litre of oil” to be shipped from the Middle East if U.S. and Israeli attacks...
President Donald Trump on Tuesday unveiled a plan to refine and sell up to 50 million barrels of Venezuelan oil that had been stuck in Venezuela...
Alireza Bekdeli, acting ambassador of Iran in Kabul, has expressed interest from Iranian companies in investing in Afghanistan’s iron and oil sectors during a meeting with...
Noorulhaq Anwar, Director General of Administrative Affairs, announced on Sunday that the Islamic Emirate has approved plans to create an independent oil and gas authority. He...
Mullah Abdul Ghani Baradar, Deputy Prime Minister for Economic Affairs of Afghanistan, met with Shaher Al-Taqi, CEO of Saudi Arabia’s Delta International, in a meeting attended...
The Ministry of Mines and Petroleum of Afghanistan has confirmed that oil extraction in the Amu Darya basin continues without interruption, now under the management of...
Kyrgyzstan’s National Statistics Committee has reported a dramatic rise in the country’s oil exports to Afghanistan, with over 40 million liters of gasoline and fuel oil...
U.S. President Donald Trump said all purchases of Iranian oil or petrochemical products must stop and any country or person buying any from the country would...
The U.S. Treasury can now "impose sanctions on any person determined to operate in the petroleum and petrochemical sectors of the Iranian economy," it said in...
Wen Bin Li highlighted the significance of the project’s implementation and assured that further efforts would be made to expedite the process.
The Ministry of Mines and Petroleum (MoMP) says it has started the process of evaluating the documents of domestic and foreign companies for extracting Herat oil field...
The Ministry of Mines and Petroleum on Sunday sold 20,000 tons of crude oil for $10.5 million, said acting Minister of Mines and Petroleum Shahabuddin Delawar.
| Country | Selling in AFS | |
|---|---|---|
| 1 USD |  | 64.24 |
| 1 EUR |  | 73.56 |
| 1 PND |  | 84.68 |
| 1 AED |  | 16.74 |
| 1 TRY |  | 1.30 |
| 1000 INR |  | 734 |
| 1000 IRR |  | 0.36 |
| 1000 PKR |  | 227 |
