Iran General NewsIran finds ‘vast’ crude oil reserves in Caspian Sea,...

Iran finds ‘vast’ crude oil reserves in Caspian Sea, Mehr says

-

Bloomberg: Iran discovered “vast” crude oil reserves in the Caspian Sea, the state-run Mehr news agency reported, without citing anyone.
Bloomberg

By Ladane Nasseri

Iran discovered “vast” crude oil reserves in the Caspian Sea, the state-run Mehr news agency reported, without citing anyone.

The National Iranian Oil Co. found the reserves after completing part of its exploration studies of the Sardar Jangal natural-gas field in the Caspian, the agency said. The Oil Ministry will announce details of the new oil field soon, according to Mehr.

Latest news

The Gallows: The Real Story of Iran Behind the Oslo Ceremony

In an article published on June 8, the Norwegian newspaper Fædrelandsvennen sought to draw public attention to a different...

Lebanese President Expresses Clear Opposition to Iran’s Regime

Recent remarks by Lebanese President Joseph Aoun regarding the role of Iran's regime in developments in Lebanon have received...

Rationing and Sharp Increases in Bread Prices Across Iran

The livelihood crisis and intensifying economic pressures in Iran have now affected one of the most basic daily necessities...

Internet Shutdowns Have Devastated the Livelihoods of Millions of Iranians

Following widespread and repeated internet shutdowns in Iran ordered by regime officials, reports by trade and professional organizations show...

Iran’s ‘No to Executions Tuesdays’ Campaign Enters 124th Week

On Tuesday, June 9, the "No to Executions Tuesdays" campaign entered its 124th week and once again emphasized its...

Food Basket Share Reaches 71% of Iranian Workers’ Minimum Wage

Studies show that the cost of providing essential food items for a family of four in May 2026 exceeded...

Must read

Syrian rebels and Iranian dissidents

The Hill: Syria illustrates violation of humanitarian norms against...

Hanging with the People’s Mujahadeen of Iran, MEK – by Michael J. Totten

Iran Focus London, 22 Jul - Michael J. Totten...

You might also likeRELATED
Recommended to you