The new cabinet lineup unveiled by President Masoud Pezeshkian has ruffled feathers among his supporters who say some of the nominees signify an unceremonious departure from his election promises, but others beg to differ and believe it is “practicable”.  

Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman warns West's sanctions on Russia could end in energy shortages.

Head of the International Energy Agency says the world is going through its first true energy crisis.

EU officials say the 27-nation bloc could benefit from Iran's vast energy reserves if US sanctions against the Islamic Republic are removed.

Washington extends Iraq sanction waiver so the country can continue to import energy from Iran.

Iran’s government orders a cap on power consumption by industries amid outages in cities.

Iran will finish 11 more petrochemical projects this calendar year to reach 100 Mtpa of output.