Iran

Iran Ramps Up Oil Production to Pre-Sanctions Levels

Iranian Deputy Oil Minister Amir Hossein Zamaninia said Friday that Iran is beginning to ramp up oil production, and within two months it will reach levels comparable to its production before U.S. sanctions the Trump administration imposed in 2018.

A picture taken on March 12, 2017, shows an oil facility in the Khark Island, on the shore of the Gulf. / AFP PHOTO / ATTA KENARE (Photo credit should read ATTA KENARE/AFP/Getty Images)

Iran: Renegotiation of Nuclear Deal Out of the Question

Rafael Grossi, director-general of the International Atomic Energy Agency (IAEA), said Monday that the Iran nuclear deal should be fully restored within a matter of “weeks” or else Iran, which has aggressively violated the deal over the past few years, will soon begin processing weapons-grade uranium.

A picture taken on November 10, 2019, shows an Iranian flag in Iran's Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility. - Bushehr is Iran's only nuclear power station and is currently running on imported fuel from Russia that is …

Iran Demands Ransom for Seized South Korean Vessel

The Iranian government made its clearest demand to South Korea for a ransom payment to release a captive tanker and crew on Sunday, dismissing South Korea’s diplomatic efforts to secure their release as “politicizing” the issue and telling Seoul to show some “political will” by unfreezing $7 billion of Iranian funds held by South Korean banks.

In this photo released Monday, Jan. 4, 2021, by Tasnim News Agency, a seized South Korean-flagged tanker is escorted by Iranian Revolutionary Guard boats on the Persian Gulf. Iranian state television acknowledged that Tehran seized the oil tanker in the Strait of Hormuz. The report on Monday alleged the MT …

Iran Showcases Underground Missile Base Near Persian Gulf

Iran’s Islamic Revolutionary Guard Corps (IRGC), the lavishly-funded theocratic wing of the Iranian military and a designated terrorist organization, held a ceremony on Friday to showcase a new underground strategic missile site located on the southern coast of the Persian Gulf.

A picture taken on November 10, 2019, shows an Iranian flag in Iran's Bushehr nuclear power plant, during an official ceremony to kick-start works on a second reactor at the facility. - Bushehr is Iran's only nuclear power station and is currently running on imported fuel from Russia that is …