Iran has announced a major gas discovery in the southern part of Fars Province, with Oil Minister Mohsen Paknejad estimating the field contains about 7.5 trillion cubic feet of gas. The discovery could strengthen Iran’s gas reserves as the country faces economic pressure and challenges across its energy sector. Iran gas discovery reaches 7.5 trillion cubic feet Paknejad announced the discovery on Sunday, saying the newly identified field holds an estimated 7.5 trillion cubic feet, or roughly 212 billion cubic metres, of natural gas. Of that total, approximately 5.7 trillion cubic feet is considered recoverable, according to figures provided by the oil minister. Recoverable reserves refer to the portion of gas that authorities estimate can realistically be extracted under technical and economic conditions. Paknejad said the recoverable volume could provide an amount of gas comparable to the production of one phase of the giant South Pars field for about 15 years. The comparison highlights the potential scale of the new resource, although future output will depend on development, infrastructure and production conditions. Sweet gas could lower development costs The Iranian oil minister described the resource as “sweet gas,” a term generally used for natural gas containing relatively low levels of hydrogen sulfide and other sulfur compounds. That characteristic could offer an economic advantage because sweet gas typically requires less processing than sour gas before entering commercial supply systems. Paknejad said this could help reduce both development and operating costs at the field. The discovery also includes gas condensates, according to the minister. These liquid hydrocarbons can have significant commercial value alongside natural gas production. Paknejad said the condensate resources could potentially generate tens of billions of dollars in additional value. The actual economic return, however, will depend on factors including investment, production rates, infrastructure, energy prices and Iran’s access to international markets. New reserves strengthen Iran energy sector The discovery comes at an important time for Iran’s energy industry. Tehran has been working to maintain and repair energy infrastructure while dealing with sanctions and broader economic pressure. Iran already possesses some of the world’s largest natural gas reserves, and South Pars remains central to the country’s gas production. Adding another substantial resource could improve long-term supply options, but discovering gas does not automatically translate into immediate production. A field must undergo appraisal and development before commercial extraction can begin. That process can require drilling additional wells, building processing facilities and connecting production sites to pipelines and other infrastructure. Iran gas reserves gain new strategic resource Paknejad said the discovery adds a significant resource to Iran’s national hydrocarbon reserves. If subsequent assessments confirm the announced estimates, the Fars gas field could become an important addition to the country’s long-term energy portfolio. The timing also gives the announcement wider economic significance as Tehran navigates sanctions and international tensions that can complicate financing, technology access and energy exports. For Iran, the value of the discovery will ultimately depend not only on the volume underground but also on how quickly and efficiently it can bring the recoverable gas and condensates into production. The government has not yet provided a detailed timetable for development or commercial output from the newly announced field.

Iran has portrayed Washington’s intensified economic campaign against Tehran as evidence that the United States failed to achieve its objectives through military pressure. An Islamic Revolutionary Guard Corps spokesperson said Iran was prepared for further US actions and would seek to limit the impact of economic pressure while expanding ties with other countries.

China’s Chang’e-7 mission, an ambitious robotic expedition designed to investigate the moon’s south pole and search for evidence of water ice, is facing uncertainty over its launch schedule. However, the latest publicly available official update from China’s space agency still described the spacecraft as being prepared for launch rather than confirming a postponement.

Canada retaliatory tariffs on US goods will begin September 8 after Trump’s 50% tariffs on Canada took effect. As Canada-US trade talks collapse, Mark Carney has promised a dollar-for-dollar response to protect Canadian industries and workers. Canada-US trade talks collapse Canadian Prime Minister Mark Carney has announced that Canada will impose retaliator

The US Canada tariff crisis entered a sharper phase after negotiations in Washington ended without an agreement, clearing the way for 50% US tariffs on nearly $20 billion worth of Canadian imports. Canada responded by suspending negotiations and preparing matching retaliatory measures as the tariff impact threatens to deepen tensions between the neighboring economies. Canada retaliation follows collapse in negotiations

Two worshippers were injured in an Edmonton gurdwara attack early Friday, August 21, after a man entered the Nanaksar Sikh Gurdwara and allegedly stabbed two people who confronted him. Edmonton Police Service said a 27-year-old suspect was detained by witnesses before officers arrived, while investigators are now examining the motive and whether hate played any role. Nanaksar According to Edmon

US-Iran tensions, a deadly Russian drone attack in Ukraine, security concerns in Meghalaya and a new international notice linked to the Sambhal violence case. Officials have issued fresh statements as military, diplomatic and law-enforcement developments unfold. Trump Hormuz remarks sharpen US-Iran tensions US President Donald Trump said he views the Strait of Hormuz as “American territory”

Iran has sharpened its defence rhetoric as pressure from Washington intensifies, with Islamic Revolutionary Guard Corps chief Ahmad Vahidi saying the country has built a “solid defensive shield” against external threats. His remarks come as President Donald Trump expands economic pressure on Tehran. Vahidi plan In a message marking National Defence Industry Day, Vahidi said Iran was confron

The Nigerian Navy has rescued nine suspected stowaways discovered aboard the merchant vessel MT Evgenia in Lagos and handed them over to the Nigeria Immigration Service. The NNS Beecroft handover followed an investigation into an alleged illegal travel attempt from Apapa, highlighting continuing concerns over maritime safety and irregular migration. NNS handover follows discovery aboard MT Evgenia

Bilibili global push is taking China’s major long-form video platform into new international markets with easier sign-ups, creator recruitment and localization. But India is notably absent from its early expansion map, highlighting how the country’s restrictions on Chinese apps continue to shape global platform strategies. Bilibili global push expands beyo

Pakistan has formally expanded Asim Munir powers through new defence legislation that places joint operational command of the Army, Navy and Air Force under the Chief of Defence Forces. The law also gives the CDF broad personnel powers and establishes a new Defence Forces Headquarters. Pakistan defence law reshapes military command Pakista

India Poland ties are gaining momentum as Warsaw backs New Delhi’s fight against terrorism while acknowledging India’s historic relationship with Russia. Defence cooperation, technology, trade and the India-EU FTA are emerging as key areas in the expanding strategic partnership. Poland terror support strengthens India ties Poland has vo

The UK asylum booklet explaining British laws on consent, gender equality and public behaviour has triggered a wider political argument. The Home Office says the migrant guide helps newcomers understand UK law, while critics question whether singling out asylum seekers risks reinforcing stereotypes. UK asylum booklet explains British laws T

The Natalie Harp Trump row has intensified after Georgia Senator Jon Ossoff publicly targeted President Donald Trump’s close working relationship with his executive assistant. The remarks triggered an unusually aggressive White House response and renewed attention on Harp’s access, personal letters and role inside Trump’s circle. Ossoff remarks put Natalie Harp in spotlight Democratic Sen

President Donald Trump has renewed his US Hormuz control claim, saying Washington has “complete control” of the Strait of Hormuz as more oil tankers move through the strategic waterway. Shipping remains well below normal levels, however, while Iran continues to dispute American claims of control. Trump Hormuz claim Trump told reporters on Wednesday that a large number of vessels had recentl

US ICC sanctions have intensified Washington's dispute with the International Criminal Court. The Trump administration has designated ICC President Tomoko Akane and senior trial lawyer Abdoulaye Seye, escalating the ICC jurisdiction row and its campaign over national sovereignty. US ICC sanctions The United States announced sanctions against two senior International Criminal Court officials on

President Donald Trump has announced a three-day Trump Canada tariff pause, delaying new 50% duties on Canadian goods after saying Washington and Ottawa have a deal pending final documents. The Canada trade deal follows intense Carney talks and renewed discussion about a Keystone revival. Trump Canada tariff pause US President Donald Trump announced late Tuesday, August 18, that planned 50% tar

The UAE Iran missile dispute has opened a new front in already tense Gulf relations. Abu Dhabi says two ballistic missiles launched from Iran targeted maritime navigation, while Tehran rejects the allegation. The UAE has now halted Iran trade as the Hormuz crisis continues to threaten regional shipping. UAE Iran missile claim The United Arab Emirates has accused Iran of launching two ballistic

North Korea has sharply criticized the latest US-South Korea military drills, calling them an open threat to its security even after President Donald Trump ordered a reduction in their scale. The response from Pyongyang shows that the deeper dispute on the Korean Peninsula remains unchanged, with mistrust still shaping every military and diplomatic move. Trump drill cut Pyongyang’s reaction c

Iran is demanding a permanent end to its conflict with the United States rather than another temporary ceasefire. Foreign Minister Abbas Araghchi says Tehran wants lasting guarantees, even as the US-Iran deal stalls, Trump Iran talks remain off the table and Gulf security concerns grow. Iran permanent peace Iranian Foreign Minister Abbas Araghchi has rejected the idea of another temporary truce