The head of the International Center of the Ministry of Energy said: The electric connection project of Iran, Russia and Azerbaijan is in the final stages and will be operational soon.
Iran's oil exports have reached their highest level in the last 6 years and despite the unilateral sanctions of the West, it has boosted the country's economy by 35 billion dollars per year.
In 2023, the equivalent of 19.4 billion dollars of petrochemical products will be exported, which shows a decrease of 28.6% in terms of value compared to 2022.
A member of the Energy Commission of the Chamber of Commerce said: If we allow people to buy crude oil or invest in oil projects.
Ahmad Alireza Begi believes that the government wants to increase the price of gasoline, but it does not take this risk due to the lack of necessary social capital and the closeness of the presidential elections.
The US Energy Information Administration announced an increase of 630,000 barrels of daily Iranian oil production over the past year and 3,250,000 barrels of oil production in the third month of 2024.
In the general meeting, Ariasasol announced a 34% increase in the company's profitability in 2023 and emphasized the continued growth of profitability in the coming years due to the use of new production lines.
The head of the Program and Budget Organization said: "The enemy tried very hard to restrict the oil market for Iran, of course, they increased their efforts and we saw that the oil export embargo was ineffective, and today we do not have oil on ships and water, and the buyer is clear."
An energy expert said: If the strait of Hormuz is closed, it will increase the price of oil, so that the blocking of this route, even if it is for a few days, will increase the price of oil by 30-40%.
Despite the recent developments in the Middle East, which raised the concern of Asian buyers about the possibility of disruption of Middle East oil supply, independent Chinese refineries continued to buy Iranian oil.
