News Snapshot:
An Iranian national flag flies above the new Phase 3 facility at the Persian Gulf Star (PGSPC) gas condensate refinery in Bandar Abbas, Iran, on Jan. 9. 2019. The third phase of the refinery begins operations next week and will add 12-15 million liters a day of gasoline output capacity to the plant, Deputy Oil Minister Alireza Sadeghabadi told reporters. Iranian oil exports hit new highs in the last two months of 2022 and are making a strong start to 2023 despite U.S. sanctions, according to companies that track the flows, on higher shipments to China and Venezuela. Tehran's oil...
