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.

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.

Ali Asghar Zargar said: If Iran decides to disrupt the movement of oil ships in the Strait of Hormuz, there is no doubt that it will affect the price of oil even in the short term.

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.

Iran is trying to provide half of the country's domestic electricity consumption through solar energy in a medium-term plan.

Currently, despite the 30 billion and 80 million cubic meters of water stored in the dams of the country, 60% of the capacity of the reservoirs of the dams is full and 40% of this capacity is empty.

Isfahan, Pars and Ariasasol Petrochemicals have had the highest increase in production in 2023 among their peers.