September 2026
Rising Fuel Prices in Syria Intensify Economic Hardship
Rising diesel and petrol prices in Syria are exacerbating economic difficulties, leading to increased transport and food costs. The situation affects the impoverished Syrian population…
KAIST Researchers Develop Bio-Based Adhesives from Glucose, Reducing Petroleum Dependency
KAIST researchers have developed a bio-based adhesive alternative using E. coli to convert glucose into polymers, showcasing potential for various industries. This innovation could reduce…
U.S. Moves to Seize $61 Million in Crypto Allegedly Linked to Iranian Oil Sales to China
The U.S. government is attempting to seize $61 million in cryptocurrency that it alleges are proceeds from Iranian oil sales to Chinese buyers. This action…
Trump Demands Reimbursement from Nations for Strait of Hormuz Security
US President Donald Trump has called for nations benefiting from security in the Strait of Hormuz to reimburse the United States for its protective efforts,…
Discovery of 110,000 Liters of Smuggled Fuel in Minab
Authorities in Minab have uncovered a significant amount of smuggled fuel, totaling over 110,000 liters. This operation highlights ongoing issues with fuel smuggling in the…
OPEC: From Quotas to Future Oil Market Management
OPEC is celebrating its 66th anniversary, highlighting the critical need for stable management in the global oil market to ensure economic growth and community welfare.…
OPEC at 66: From Baghdad to the Heart of the Global Oil Market
OPEC was founded 66 years ago in Baghdad by Iran, Iraq, Kuwait, Saudi Arabia, and Venezuela, establishing a significant entity in the global energy market.…
Saudi Arabia's Oil Production Hits 35-Year Low Amid Middle East Conflicts
Saudi Arabia's crude oil production has dropped by nearly 2 million barrels per day, reaching its lowest level in over 35 years due to the…
Iraq Seeks Increase in OPEC Production Quota
Iraq has requested an increase in its oil production quota from OPEC. This move involves the Iraqi government and OPEC member states. It is significant…
Iran's Petrol Prices Rise Amid Ongoing Conflict and Increasing Oil Prices
Petrol prices in Iran have increased by 5p over the past week due to rising oil prices linked to the ongoing conflict involving Iran. This…
Iran Vice President Announces Phase-Out of Petrol Import Subsidy
Iran's Vice President announced the decision to phase out the petrol import subsidy, a move that could significantly impact the country's economy and fuel prices.…
Iran Maintains Oil Exports Amid US-Israeli Strikes on Kharg Island
Iran has successfully maintained its crude oil exports despite facing 550 strikes on its key energy infrastructure, particularly on Kharg Island, attributed to US-Israeli attacks.…
Iran to Increase Petrol Prices Amid US War-Induced Shortages
Iran is set to increase petrol prices due to shortages triggered by the US war, impacting the economy and citizens' livelihoods. This decision comes amid…
How Mercury's Core and Crust Were Formed: Insights from Recent Research
Researchers from the University of Liège and KU Leuven are studying Mercury's formation as the BepiColombo mission approaches its destination. Their findings on Mercury's core…
Iran Maintains Oil Exports Despite US Sanctions During Conflict
Iran's Petroleum Minister Mohsen Paknejad announced that the country's crude oil exports have remained uninterrupted during a recent 40-day conflict. This highlights Iran's resilience in…