Iran's Revolutionary Guards have seized two overseas-registered tankers in the Persian Gulf accused of fuel smuggling.
Nonetheless, both regions have seen an increase in dayrates, even in 2008 and early 2009, when commodity prices for oil and natural gas dropped. Looking at Persian Gulf rig activity and dayrates ...
Amid rising tensions with the US, the Islamic Revolutionary Guard Corps has increased its military presence in the Persian ...
Iran has a history of responding to action by its Western foes with retaliation. In January last year, its armed forces ...
The two foreign oil tankers were seized in the Persian Gulf, Iran's Revolutionary Guard’s Second Naval District announced Monday, as part of efforts to combat fuel smuggling in the region.
Gas flares from an oil production platform at the Soroush oil fields in the Persian Gulf, south of the capital Tehran, July 25, 2005 Raheb Homavandi/Reuters The best single measure of the ...
The Amico Cadiz oil spill in 1978, the Castillo de Bellver in 1983, and the destruction of the oil platform in the Persian ... rig exploded, sending millions of barrels of oil into the Gulf ...