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

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.

The confiscation order for the Oil Fund building in London in favor of Crescent was finalized and confirmed

The UK Court of Appeal rejected the National Iranian Oil Company's appeal and upheld the previous London court ruling on the confiscation of the NIOC House building.

Breaking News

An increase in air heat and the possibility of an increase in electrical accidents

Director General of Engineering and Management of Tavanir Electricity Network, referring to the increase of 6,000 megawatts in the consumption of the network compared to the previous year, asked the people to help the electricity industry in passing the summer by observing the consumption pattern.

What will be the reaction of the oil market to the assassination of Ismail Haniyeh?

An energy expert said: Now, one third of the oil consumed in the world passes through the Strait of Hormuz and the Persian Gulf. If this strait has a problem, they will not be able to supply this shortage easily, so the price of oil will rise.

Export of 535 million dollars of goods from Iran to Iraq

The customs supervisor of Iran's Ilam province announced the export of 535 million dollars of goods weighing 973 thousand tons to Iraq through Mehran border.

How much has electricity consumption increased compared to last year?

Director General of the Engineering and Management Office of Tavanir Network said: The sharp increase in temperature has caused a sharp increase in electricity consumption, so that this year we experienced 6 thousand megawatts more consumption than last year.

The IRGC seized a Togolese-flagged oil tanker in the Persian Gulf

The public relations of the third region of the IRGC Navy announced in an announcement that a tanker carrying more than 700,000 liters of smuggled oil with the flag of Togo and 9 crew members was seized in the northern waters of the Persian Gulf by the fighters of this region.

9% growth of peak electricity demand in the non-productive part of the country

Stating that about 35,000 megawatts of the country's total electricity is consumed in cooling systems (coolers), the spokesperson of the electricity industry said: Changing the temperature of the cooler and setting it to 24 degrees alone reduces consumption by 20%.

Middle East oil companies at the top of the world

New statistics and research results show that the new realities that the Middle East oil companies have taken step by step in order to improve and accelerate the retreat from the wrong policies of the Western governments have put it on the agenda.

The value of Iran’s electricity market transactions increased

The Director General of the Bureau of Economy, Investment and Regulation of the Water and Electricity Market said: The electricity industry is a specialized industry whose politicization can cause many mistakes. It is unprofessional and unethical to analyze macro trend indicators with a phenomenon called elections and attribute unrealistic attributes to the performance of governments.

The activities of the world’s three largest cyber security products and systems companies in Iran

Rumors indicate that three major companies of the world's cyber security products and systems manufacturers have accepted the conditions of the Strategic Management Center of AFTA to operate in the Islamic Republic of Iran.

Türkiye has overtaken Iran’s gas; We continue to engage in energy imbalances

While the neighboring countries, even those that do not have rich energy resources, are preparing the platforms to become a regional hub, in Iran, not only the conditions for the production of important energy resources are not ready, but also the candidates to sit on the seats of the country's two most important economic ministries, i.e. oil and Power should spend most of their time on solving the imbalance of four important energy elements, namely electricity, water, gasoline and gas.

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