Iran

Industry News

Iran Approves Over $130 Million in Isfahan Investment Projects Involving UAE and China

Iran has approved 10 foreign investment projects worth over $130 million in Isfahan Province during the first half of the current Iranian year. The approved ventures include investors from China, the UAE, Afghanistan, Oman, the Netherlands, and Germany-based Iranians. Projects span multiple sectors including solar power, steel production, cotton yarn, clinic construction, and POS terminals.

Industry News

Brent Crude Tops $107 After Strike on Iran’s South Pars Gas Field

Brent crude prices rose over 4% to $107.95 per barrel following an attack on Iran's South Pars gas infrastructure and subsequent retaliatory threats against Gulf energy sites. Iranian media confirmed damage at the Asaluyeh refinery, while benchmark crude remained above $100 for four consecutive sessions. Meanwhile, Iraqi pipeline exports partially resumed amid ongoing regional output disruptions and Strait of Hormuz transit constraints.

China–UAE News

Analysis Assesses China’s Balancing of GCC Investments and Regional Geopolitics

An analysis published by Fakti.bg reviews China's economic and diplomatic positioning amid ongoing US-Iran friction. The piece highlights that Beijing prioritises its ties with GCC nations, including the UAE, seeking to safeguard its regional investments and maritime transit routes. It also examines China's energy security buffers alongside structural economic vulnerabilities.

Industry News

Iranian Oil Shipments to China and UAE Halt Amid Blockade and Tensions

Shipments of Iranian crude and oil products to major buyers including China and the UAE have ground to a halt following naval blockades and terminal inactivity, according to tracking data from Kpler and TankerTrackers. China previously purchased an average of 1.5 million barrels per day of Iranian crude, while around 500,000 barrels per day of refined products and LPG previously flowed to the UAE, China, and Asian markets. Concurrently, an Iranian lawmaker warned that any renewed US military strikes would open new regional fronts.