Iran's agreements with Russian and Ukrainian firms to develop four oil fields have been halted until further notice, Trend reported on May 13.
The National Energy Fund of Iran allocated €500 million to the domestic oil projects in the past Iranian calendar year, which ended on March 20, IRNA reported on March 31, Trend has said.
Iran's fuel oil exports will plunge to as little as a third of previous levels over the next few months as winter demand forces the country to divert the product to its own power plants, according to a National Iranian Oil Company (NIOC) source, Reuters reported on Novem