Middle East & North Africa

Iran producing nearly 3.2 mln bpd of oil: Minister

Tehran, IRNA - Iran’s Oil Minister Javad Owji says that the Islamic Republic is producing about 3.2 million barrels per day (bpd) of crude oil.

Owji made the remarks on Sunday in a meeting in Tehran, adding that Iran’s production of crude oil will surpass 3.3 million bpd by late August.

Referring to the Ministry's plans for investment in oil and gas industry projects, up to the end of the current Iranian calendar year, semi-finished civil projects valued at $15 billion will be operational.

Shippers warned to stay away from Iranian waters over seizure threat as US-Iran tensions high

DUBAI, United Arab Emirates (AP) — Western-backed maritime forces in the Middle East on Saturday warned shippers traveling through the strategic Strait of Hormuz to stay as far away from Iranian territorial waters as possible to avoid being seized, a stark advisory amid heightened tensions between Iran and the U.S.

A similar warning went out to shippers earlier this year ahead of Iran seizing two tankers traveling near the strait, the narrow mouth of the Persian Gulf through which 20% of the world’s oil passes.

Indian Armed Forces named in complaint to ICC over kidnapping of Dubai princess

11 August 2023; MEMO: India's Armed Forces have been accused of being involved in the March 2018 abduction of Princess Latifa, the daughter of Dubai's ruler Sheikh Mohammed Bin Rashid Al-Maktoum, according to a complaint lodged with the International Criminal Court (ICC) at The Hague in the Netherlands.

Iran-American prisoners involved in swap, fund release

11 August 2023; MEMO: Iran may free five detained US citizens as part of a deal, under which $6 billion in Iranian funds in South Korea would be unfrozen, and has moved four of them from jail to house arrest, Reuters reports.

The following are the prisoners in Iran who will be moved to house arrest:

Israel downgrades homicide charge in illegal settler terrorist case, watched by Washington

11 August 2023; MEMO: Israeli police downgraded a homicide charge, on Friday, against an illegal Jewish settler suspected of killing a Palestinian in what the United States has described as a "terror attack", Reuters reports.

Israel deports Jewish-Iranian suspected of spying attempt with tissue box

11 August 2023; MEMO: Israel's intelligence agency, Shin Bet, said it thwarted an Iranian espionage attempt on Friday when it detained and then deported a Jewish-Iranian who flew into the country with a tissue box it said was meant to hide surveillance equipment, Reuters reports.

Syria: Daesh claims responsibility for attack on bus that kills 23 Syrian troops

11 August 2023; MEMO: An attack on a military bus in Syria's east killed 23 government troops and wounded more than 10, the Syrian Observatory for Human Rights (SOHR) war monitor said on Friday, Reuters reports.

Daesh, which operates sleeper cells in lands it once ruled, claimed responsibility for the attack in a statement on its Telegram channel.

China and Saudi Arabia to power green hydrogen project with 2.2 GW of solar energy

11 August 2023; MEMO: China's energy company, Sungrow, said this week that it will provide its inverter skid technology and 1+X modular inverter solution for a 2.2 Gigawatt (GW) solar plant that Neom Green Hydrogen Company (NGHC) is building in Oxagon. The project site is in a port area close to the futuristic Neom City project, Reuters reports.

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