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.

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Get to know the types of crude oil

Get to know the types of crude oil

The quality of crude oil varies and based on specific gravity and viscosity, they are divided into light, medium, heavy and very heavy crude oil.
Gas cylinder explosion incident in Karaj

Gas cylinder explosion incident in Karaj

The director of Karaj Governorate's Crisis Management Department said: The explosion at the liquid gas cylinder supply center on Mohammad Shahr Road in Karaj caused an incident.
US, Venezuela to announce oil sanctions deal on Tuesday

US, Venezuela to announce oil sanctions deal on Tuesday

The Biden administration and Venezuelan President Nicolas Maduro's government are expected to announce a deal on Tuesday that would ease U.S. sanctions on Caracas' oil industry while opening up Venezuela's 2024 presidential election, the Washington Post reported on Monday.
Installment or barter, solution for gas debt of petrochemicals
The CEO of Kimyaye Pars Middle East Petrochemical in an interview with "Energy Press":

Installment or barter, solution for gas debt of petrochemicals

Amir Ganjidoost said: by cutting off gas and stopping the production of petrochemicals, no demand will be collected, the solution to the problem of gas debt is to Installment or barter it by requesting the Farhangian reserve fund from the government.
The high consumption of gasoline became a concern
Deputy Minister of Industry, Mining and Trade:

The high consumption of gasoline became a concern

The high consumption of gasoline in the country has become alarming and one of the reasons for using electric cars is the high consumption of gasoline.