ran and Venezuela on Monday have signed several contracts to cooperate in the oil sector. Irans Oil Minister Javad Owji and his Venezuelan counterpart inked the contracts to develop oil fields and terminals and restore refining and petrochemical capacities, SHANA reported. Tehran-Caracas cooperation in the oil sector has been promoted since Irans ...

Venezuelan President Nicolas Maduro says the country has received an "advanced" oil tanker from Iran as part of a bilateral arrangement, as Tehran and Caracas' collaboration in numerous industries grows. We have just received a ship with the most advanced engineering and technology in the world, Maduro said according to Venezuelan state TV. He said ...

The United States has reportedly threatened Venezuela and Cuba against letting in two Iranian ships that are claimed to be headed to South American shores with a weapons cargo. Citing an unnamed senior official with the administration of US President Joe Biden, Politico claimed the ships are believed to be carrying weapons from Iran to Venezuela ...

The US security officials claim they are monitoring two Iranian warships whose ultimate destination may be Venezuela. The USnational security community is monitoring two Iranian naval vessels whose ultimate destination may be Venezuela, Politico claimed. An Iranian frigate and the Makran, a former oil tanker that was converted to a floating forward ...

Iran and Venezuela continue to defy illegal US sanctions against the two longtime allies and trade partners, with reports saying an Iranian cargo ship has arrived at the Venezuelan port city of La Guaira. The vessel tracking data from analyst Refinitiv Eikon, as cited by Reuters, said the Iranian-flagged general cargo ship Golsan berthed at La Guaira ...

A tanker chartered by the National Iranian Oil Company (NIOC) is loading Venezuelan crude for export as the two countries apply new tactics to expand their trade in defiance of US sanctions, a report says. Venezuela and Iran have deepened their cooperation this year, exchanging gold and other commodities for food, condensate, and fuel because the ...

Bloomberg reported on Saturday that Iran is sending its biggest fleet yet of tankers to Venezuela in defiance of US sanctions to help the isolated nation weather a crippling fuel shortage, according to people with knowledge of the matter. Some of the flotilla of about 10 Iranian vessels will also help export Venezuelan crude after discharging fuel,...