TEHRAN (Basirat): Iranian holding company MAPNA Group voiced readiness to take over a project on development of the country’s South Pars gas field as French company Total has backed out of its contract with Iran for fear of the US sanctions.
News ID: 4238 Publish Date : 2018/07/21
TEHRAN (Basirat): Tehran is threatening to block the Strait of Hormuz, a crucial artery for oil shipments from the Middle East, if Iranian exports are hampered. This will result in a huge loss of global crude supply and soaring prices.
News ID: 4162 Publish Date : 2018/07/07