borna.news

Oil prices increase as Iran continues restrictions for US, allies in Strait of Hormuz

Oil prices increase as Iran continues restrictions for US, allies in Strait of Hormuz

Oil prices have risen after Iranian officials emphasized that the Strait of Hormuz will “under no circumstances” return to its previous state for the US and its allies.
Iran's Beach Soccer Team Advances to Knockout Stage After Defeating Saudi Arabia

Iran's Beach Soccer Team Advances to Knockout Stage After Defeating Saudi Arabia

The Iranian national beach soccer team secured its place in the knockout stage of the Asian Beach Games by defeating Saudi Arabia 2-1 in their final group match.
Iran, Turkmenistan emphasize expanding transit, trade coop.

Iran, Turkmenistan emphasize expanding transit, trade coop.

Officials from Iran and the Republic of Turkmenistan have stressed the need to expand cooperation in the fields of transit, trade and economy.
Industrial Resilience: Iran’s Steel Production Grows 6% Despite Dual Conflicts in 2025-26

Industrial Resilience: Iran’s Steel Production Grows 6% Despite Dual Conflicts in 2025-26

New data from the Iranian Steel Producers Association (ISPA) reveals a 6.2% growth in intermediate steel production over the past year (ending March 2026). This achievement comes despite severe energy constraints and the unprecedented challenges of two military conflicts—the 12-Day War and the Ramadan War—occurring within a single twelve-month cycle.
Oil prices spike above $103 after US announces 'naval blockade' on Strait of Hormuz

Oil prices spike above $103 after US announces 'naval blockade' on Strait of Hormuz

Global oil prices have surged after US President Donald Trump said the US Navy would enforce a blockade on the Strait of Hormuz, a strategic waterway through which about 20 percent of the world’s oil passes.
Texas refinery blast: Massive explosion rips through Valero Refinery, cause remains unknown

Texas refinery blast: Massive explosion rips through Valero Refinery, cause remains unknown

A powerful explosion has ripped through an oil refinery in the southern US state of Texas, with no cause of the blast quickly confirmed.
Iran earns $8.7b in profit from oil sales in recent war

Iran earns $8.7b in profit from oil sales in recent war

Islamic Republic of Iran has earned $8.7 billion profit from selling oil since the outbreak of recent war waged by US and Israel against the country on Feb. 28
Iran Oil Ministry Rejects US ‘Sanctions Relief’ Claim as Market Manipulation

Iran Oil Ministry Rejects US ‘Sanctions Relief’ Claim as Market Manipulation

Iran has rejected claims by the United States Department of the Treasury regarding a temporary suspension of sanctions on Iranian oil, describing the move as an attempt to influence global oil prices.
Ports organization: Iranian ports serving commercial purposes under international regulations

Ports organization: Iranian ports serving commercial purposes under international regulations

Iran’s Ports and Maritime Organization (PMO) says the country’s ports are merely serving “commercial” purposes and are acting within the framework of international regulations, rejecting allegations made by US to prepare the ground for an act of aggression.