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OPEC+ reaffirms crude production adjustment, market stability
SHANA (Tehran) - The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 July 2025, to review global market conditions and outlook.
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Effective Oil Ministry measures safeguard gasoline supply
SHANA (Tehran) - A member of the Iranian Parliament’s Energy Committee praised the timely and effective measures taken by the Oil Ministry and the National Iranian Oil Refining and Distribution Company (NIORDC) to meet the public’s gasoline needs.