
Iran Ramps Up Oil Exports By Relying On Floating Storage
While Iran’s oil production remained largely unchanged, the country was able to increase its oil exports by selling millions of barrels from floating storage during the first quarter of 2024.

While Iran’s oil production remained largely unchanged, the country was able to increase its oil exports by selling millions of barrels from floating storage during the first quarter of 2024.

The Iranian foreign ministry spokesperson stated on Monday that the US attempted to prevent the Iranian government from attacking Israel in a bombardment which saw over 350 projectiles launched on Saturday night.

While supporters of the Islamic Republic are celebrating Saturday’s missile attack on Israel, most ordinary Iranians are deeply concerned about the economic consequences of further escalation and possibility of a full-scale war.

The former head of the Iranian parliament’s National Security Committee has criticized Russia's refusal to defend Iran's attack on Israel this week.

Iran claims that it is “evident” the vessel captured in the Strait of Hormuz by the Revolutionary Guard belongs to Israel.

The Iranian government has taken legal action against a number of newspapers and influential journalists who failed to reiterate its rhetoric regarding the attack on Israel in their publications.

In its attack on Israel, Iran launched more than 300 killer drones, cruise missiles, and ballistic missiles on Israeli territory, IDF spokesperson Rear Admiral Daniel Hagari confirmed this weekend.

Israel's military announced that life would resume as normal on Monday in the wake of the Iranian missile and drone onslaught.

Mashallah Shamsolvaezin, a renown Iranian reformist journalist, has branded critics of the recent Iranian military strike against Israel as "defenders of the devil."

British Foreign Secretary David Cameron urged Israel not to retaliate after Iran's drone and missile attack, saying it should "think with head as well as heart" because Tehran's strike had been a near total failure.

One day after Iran launched 350 missiles and drones against Israel, President Joe Biden warned Prime Minister Benjamin Netanyahu the US will not take part in a counter-offensive.

In the wake of heightened geopolitical tensions, the already battered Iranian currency, rial, has been thrust into a whirlwind of volatility.

The UN Security Council held a meeting on the Middle East conflict a day after Iran launched an unprecedented attack on Israel while Western officials expect Israel to respond quickly.

Israeli Defense Minister Yoav Gallant has said that Israel may have to form an alliance to be able to stand against Iran.

Israeli President Isaac Herzog characterized Iran's recent attack on Israel as a "declaration of war," highlighting the gravity of the situation.

Saeed Laylaz, an Iranian 'reformist' commentator, warned that Iran might "test its first atomic bomb" in case the United States or Israel retaliate for the early Sunday missile and drone attack targeting Israel.

Israeli military spokesperson Daniel Hagari told Iran International that the Islamic Republic invested heavily on its missiles and proxy forces but all failed against Israel’s military might and its coalition of partners.

The Iranian foreign ministry summoned the ambassadors of Britain, France, and Germany over their condemnation of the regime's drone and missile strikes on Israel.

Reactions from authorized media commentators in Iran on Sunday to the attack on Israel were notably scarce, as they carefully avoided crossing any government red lines.

Legal proceedings have been taken against the Jahan Sanat newspaper and a journalist accusing them of “compromising national security" for coverage of Saturday's operation against Israel.

Iranian Parliament Speaker Mohammad Bagher Ghalibaf has warned Israel of “harsher responses” if there is counteraction to Sunday's aerial bombardment.