The chief economist for the partially state-owned bank LBBW in the southwestern German state of Baden-Württemberg has reportedly announced that Germany is engaged in talks with the Islamic Republic to buy Iranian oil.

An Iran-flagged tanker carrying about 1 million barrels of crude has arrived in Venezuelan waters.

Sanctions are normally followed by dissatisfaction, dissent, demonstrations and ongoing tension, but in Iran they have been short-lived, mainly because the country has managed to provide essential goods despite severe sanctions.

The US delusion of invincibility has been shattered by the Iranian navy, again, as it retook an oil tanker which the US navy had tried to pirate.

Some 100 days since the inauguration of the new administration, Iran has boosted its oil exports to the extent that credits Owji with having achieved his promise.

A report shows Iran’s indirect oil exports to China have increased over the past three months.

A report says that stealing oil cargoes is a last-ditch effort by the US to prevent Iran’s growing sales.