A 5.9-magnitude earthquake which hit the southern province of Bushehr on Sunday partially damaged facilities of Gachsaran Oil and Gas Company.
Houshang Seidali, head of the company, the temblor collapsed a celling at the Goureh pump station and a turbine stopped functioning, the Persian-language...
Oil prices were lower on Monday as rising coronavirus infections in India and other countries prompted concerns that stronger measures to contain the pandemic will hit economic activity, along with demand for commodities such as crude.
Brent crude was down 17 cents, or 0.3%, at $66.60 a barrel,...