Following the increase in the level of tension between Iran and the Zionist regime, many market activists are monitoring the recent developments with concern about its impact on the Strait of Hormuz and the oil market and ultimately the world economy.

The low quality of Iran's gasoline has been disputed by domestic bodies for years. The Standard Organization, the Environmental Organization, and some private sector organizations have repeatedly questioned the low quality of produced gasoline, but the officials of the Ministry of Petroleum have denied these reports and even claim that Iran's gasoline is at par with European standards.

We consume 205 million liters of petroleum products daily in the country, which is an annual growth of 8%, and the figure of consumption in the transportation sector with 118 million liters of gasoline and 65 million liters of diesel daily, while we have 31 million vehicles in circulation in the country, with no standard and The criterion does not match.

Reviewing the monthly activity reports of stock market lubricants shows that the total income of this industry in May has increased by more than 40% compared to the two months of April 2024 and May 2023, which indicates the good condition of this industry.

It was decided that by the middle of May, the process of issuing the fuel card will be completed in less than 10 days and the fuel card will reach the people.

Examining the second part of the 2024 budget bill shows that the government's forecast of oil sales in 2024 is one million barrels per day.

Referring to the import of two billion dollars of gasoline last year, the chairman of the parliament's program and budget committee announced the forecast of a budget deficit of 300 hemtas for 1403.

We became an importer of gasoline last year, an issue that many factors are presented as the reason, but the lack of proper policy and the glut of high consumption cars are known to be the main factors of this confusing mess.

On March 29, 1402 (the last day of last year), more than 152 million liters of gasoline were consumed in the country.

Jalil Salari, CEO of the National Company for Refining and Distribution of Petroleum Products, referring to the latest state of gasoline consumption and production in the country, stated: Gasoline consumption varies in different months of the year, but on average this year, about 115 million liters of gasoline were consumed per day in the country.