Iran’s oil market heats up in China; exports rise, sanctions remain on paper

Iran’s oil market heats up in China; exports rise, sanctions remain on paper

While Donald Trump has claimed to have paved the way for Iranian oil exports to China, statistics show that China's oil imports from Iran reached a record 1.8 million barrels per day in June; a record that experts attribute to increased seasonal demand, regional war, and the attractiveness of Iranian oil prices, not necessarily the result of the official lifting of sanctions.
Wartime gasoline consumption record broken

Wartime gasoline consumption record broken

The CEO of the National Iranian Petroleum Refining and Distribution Company announced the smart measures and round-the-clock efforts of 160,000 operational forces in the fuel supply and distribution chain to maintain the stability of the country's fuel supply network during the imposed war with the Zionist regime, and emphasized: Despite a 50 percent increase in demand and cyber threats and military attacks, fuel supply continued without interruption.
Isfahan Refinery’s New Plan to Reduce Gas Imbalance

Isfahan Refinery’s New Plan to Reduce Gas Imbalance

The CEO of Isfahan Oil Refining Company announced the implementation of the company's Furnace Hull Upgrade (RHU) project in two phases, saying: "Operation of the first phase of this project will help eliminate the gas imbalance, and the second phase will eliminate the gasoline and oil and gas imbalance."
What percentage of the world’s mining is related to Iran?

What percentage of the world’s mining is related to Iran?

Deputy Transmission and Cryptocurrency Project Executive Tavanir said: "The global hash rate decrease was between 5 and 12 percent, but 12 percent is a very large number, as load behavior data shows a 2,400 megawatt reduction in load power."
Restarting production in Zagros

Restarting production in Zagros

Zagros Petrochemical, which had suspended its production lines since June 15 due to the country's critical conditions, has now announced that phases one and two of the complex have resumed production as of Saturday, July 27. This suspension was made to protect the safety of human resources and operational infrastructure, and the company emphasized that the return to production was carried out with careful planning and as quickly as possible.