Oil Minister: If we burn fuel oil, we have no problem in winter, but we stopped it for the sake of people’s health

Oil Minister: If we burn fuel oil, we have no problem in winter, but we stopped it for the sake of people’s health

The Minister of Oil said: People should be aware that if we consume the same amount of diesel this year as we did last year, we will not have blackouts or problems in winter, but due to the importance of people's health and the environment, a decision was made to reduce consumption. Diesel fuel, part of it will be applied as blackout with the diagnosis of Ministry of Energy experts.
Consequences of renewed sanctions on Iranian oil

Consequences of renewed sanctions on Iranian oil

According to experts, the possibility of repeating the policy of maximum pressure on the Iranian oil market has not been successful, and its repetition in his second term will have negative consequences for the country's national economy as well as its allies.
Oil Minister: We took over the power plant reserves with a 45% reduction

Oil Minister: We took over the power plant reserves with a 45% reduction

Pointing out that when the 14th government started, the level of power plant reserves decreased by about 45% compared to the same period last year, the oil minister said: "Now we are trying to compensate for the decrease in reserves at this point in time by increasing production as well as imports."
Which straits hold the key to the global oil market?

Which straits hold the key to the global oil market?

The fate of the world economy is tied to several narrow straits. These straits are the oil highways of the world through which millions of barrels of oil pass daily. From the Strait of Hormuz, the uncontested king of these vital vessels, to the Strait of Malacca, Bab al-Mandeb, the Suez Canal, and the Bosphorus, each in turn plays a key role in supplying the world with energy.