Russia is likely to suspend electricity supplies to Finland this weekend as Helsinki seems adamant about pursuing its ambitious bid of joining the US-led NATO military alliance amid the raging war in Ukraine.

US President Joe Biden signed an executive order on Tuesday, slapping an immediate ban on Russian oil and other energy imports over Moscow’s military operation in Ukraine.

The Syrian ministry of petroleum says the ongoing foreign-sponsored conflict has inflicted around $100.5 billion in damage on the country’s energy sector.

Iranian government figures show the country saw a massive expansion in energy sector since Revolution.

Iran stops exports of gasoil as demand in power plants reached record levels.

Iran's Oil Minister Javad Owji predicts there will be positive news to share related to cooperation with Russia in the energy sector.

Iran has no plan to depart from the OPEC some 60 years after it cofounded the organization.