Fire breaks out at the Shahran oil depot after US and Israeli attacks, leaving numerous fuel tankers and vehicles in the area unusable in Tehran, Iran on March 8, 2026. [Hassan Ghaedi - Anadolu Agency]
Iran will use part of its oil revenue to rebuild oil and gas infrastructure damaged by US-Israeli attacks, the country’s oil minister said on Tuesday, Anadolu reports. Oil sales in March and April were “satisfactory,” Mohsen Paknejad added in statements carried by the semi-official Fars news agency. He, however, did not give any figures about Iran’s oil sales. More than 3,300 people have been killed in US-Israeli airstrikes in Iran since Feb. 28, according to Iranian authorities. Tehran retaliated with missile and drone strikes targeting Israel, Iraq, Jordan, and Gulf countries hosting US military assets before a two-week ceasefire was announced last week. The US and Iran held rare direct talks in Islamabad, Pakistan, on Saturday aimed at ending their […]

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