Iranian oil official says the country has scheduled to increase its oil production to 3.5 million barrels per day by the end of summer 2-23.

Iran’s crude oil output in 2022 has shown a major rise despite the US sanctions imposed on the Tehran’s petroleum section, figures from Statistical of World Energy reveal.

Iranian Oil Minister announced that the country has increased its oil production to 3 million barrels per day, nearly 1,000 barrels per day more than the number announced for November.

US forces in Syria, allied Kurdish forces have reportedly looted 94 trucks loaded with wheat and oil-carrying tankers smuggling them to Iraq.

Saudi-led coalition has reportedly plundered billions of barrels of Yemeni oil since the outbreak of aggressions against the impoverished Arab country, the Yemeni National Salvation Government said.

Secretary General of Lebanese resistance movement Hezbollah said the region will not find peace if the demands put forward by Lebanon are not met by the American mediator.

During the meeting, the ministry said, “The amount of oil production during the first half of 2022 amounted to some 14.5 million barrels, with an average daily production of 80.3 thousand barrels, of which 14.2 thousand are delivered daily to refineries, while the US occupation forces and their mercenaries steal up to 66,000 barrels every single day ...

UAE-operated tanker carrying 400,000 barrels of Yemeni crude oil has reportedly left Yemeni port in southern province of Shabwah amid continued efforts by Saudi Arabia and the United Arab Emirates to loot the natural resources in the war-torn Arab state.

 Saeed Khatibzadeh announced Wednesday night that a delegation of experts from the Islamic Republic of Iran, consisting of oil and banking experts, held talks in Seoul this week with Korean companies and officials to discuss the possibility of reselling oil and gas condensate to South Korea.

President Ebrahim Raisi on Wednesday underlined the capacity of oil and petrochemical industry projects in creating employment, production prosperity, and economic growth, and added: "By combining a professional and committed approach, the development of the oil industry in all dimensions will be seriously pursued."

Coinciding with the 8th day of the 10-Day Dawn, the Iranian Oil Ministry's petrochemical and gas supply projects were inaugurated virtually across the country in five provinces: Kermanshah, Sistan and Baluchestan, South Khorasan, Khuzestan, and Fars.