Rampant inflation, a collapsing currency and export restrictions have destabilized Iran's economy and sparked deadly protests ...

Iran is not a major oil producer. The country pumps about 3.4 million barrels per day, according to Kpler. That number pales in comparison with the U.S. and Saudi Arabia, which pump about 13.5 million ...

Iran, a founding member of OPEC in 1960, has lost influence in the oil cartel that provides 36% of the world's production as the Islamic Republic's status eroded over decades due to sanctions and its ...

Oil markets are now refocusing on OPEC+ as the Iran-Israel ceasefire continues to hold, with the cartel's meeting this weekend likely to be the next big market mover. - Ever since OPEC+ countries ...

OPEC's oil output fell in December due to lower supply from Iran and Venezuela, which offset an OPEC+ agreement to raise ...

Oil prices fell on Friday on the expectation that Opec agrees to another increase in crude output over the weekend and that the possible resumption of US-Iran nuclear talks in Oslo will reduce risks ...

Saturated with bearish global news, the energies market took a sharp turn to the downside this week. In particular, crude oil futures fell after the Organization of Petroleum Exporting Countries (OPEC ...