If the Strait of Hormuz is closed, who is the first victim?

If the Strait of Hormuz is closed, who is the first victim?

A member of the Majlis National Security Commission still threatened to close the Strait of Hormuz, while such a speech may seem attractive to the general audience, in fact deepest disregard for Iran's economic and geopolitical realities. The key question is if the Strait of Hormuz really closes, who is most damaged? The answer is clear, Iran itself. Even if the country's oil exports reach 6,000 barrels a day, there is still no other way than to cross the same strait.
From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

From Qatar’s domination to Iran’s failure; The story of the failure of three projects of LNG

While Qatar has become the world's liquefied natural gas export giant using the South Pars joint field and has earned more than $ 5 billion in the year, Iran has failed with three huge gas liquid projects. Iran LNG, Pars LNG and Persian LNG's projects, which were supposed to be Iran's entry into the world market, were under pressure from sanctions and the withdrawal of foreign companies into semi -finished structures in Assaluyeh; An unfinished dream that has taken the opportunity to consolidate Iran's position in the global energy industry.
A fateful dilemma for Iran’s petrochemical industry: Focus on small units or refineries?

A fateful dilemma for Iran’s petrochemical industry: Focus on small units or refineries?

Iran's petrochemical industry is at a strategic crossroads: developing huge mega-plants for global competition or focusing on small and medium-sized units to meet domestic needs? Mohsen Ansari, an expert in the petrochemical industry, says in response to this question: Both paths have their advantages, but ignoring new global technologies such as COTC could jeopardize Iran's export position.
With the activation of the trigger mechanism the heavy oil discounts are on the way

With the activation of the trigger mechanism the heavy oil discounts are on the way

As the trigger mechanism becomes approaching and the return of international sanctions, the issue of the impact of these sanctions on Iranian oil exports has been hot again. "The activation of the trigger mechanism usually increases the risk of sanctions, and in the Iranian market, instead of raising prices, it appears more discounts than oil indicators," says energy expert Abdullah Babakhani.
The cessation of oil sales is a rumor

The cessation of oil sales is a rumor

The CEO of the National Oil Company said: "We use a variety of methods to sell oil; we have put both diversity and multiple markets on the agenda. The claim of stopping oil sales is not true and I deny it."
Producing gasoline from methanol is not profitable

Producing gasoline from methanol is not profitable

The planning director of the National Petrochemical Company, emphasizing the focus on the downstream and reaching a capacity of 131 million tons by the end of the Seventh Plan, said that producing gasoline from methanol is not economically viable.