Iran

With Syrian President Bashar al-Assad’s retention of power seemingly a fait accompli, the Iranian presence in Syria is falling under...

Iran sought to paint an exaggeratedly positive picture of its long-delayed crude swap deal with Iraq this week. On 3...

Daelim has canceled a $2bn deal to upgrade Isfahan refinery, while Hyundai is weighing the options on its $3bn Siraf splitters deal. China could capitalize.

The UAE’s flagship nuclear plant will be three years late and Jordan has dramatically scaled back its plans. Needling Trump is the aim of Iran’s nuclear plans.

Iran could be heading for a serious financial crisis if a massive capital flight of $59.4bn over the two years...

Activity from Opec’s largest members reached a frenzy this week as the 22 June meeting heaves into view. All indications...

Iran’s banking crisis poses a bigger threat to the country’s economy than the re-imposition of sanctions post-US withdrawal from the nuclear deal – though, of course, the two are not unrelated. Can Tehran deliver substantial reforms amid infighting and vested interests?

Iran’s sudden decision on 9 April to unify the country’s two-tier exchange rate system and eliminate the parallel market in...

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Chinese firms have pulled off a quiet revolution in the Middle East’s hydrocarbon sector, racking up portfolios that rival those of the largest IOCs. Chief among them is state-giant CNPC which could yet overtake all of its rival producers.

The IEA is seeing signs that the global oil market is overheating, with recent price gains towards $80/B Brent potentially...

Iranian officials are scrambling to stabilize a distressed economy in the wake of the US government’s rush to impose new...