The Yellow Dragon’s Addiction to Iranian Oil / Billion-Dollar Savings for Chinese Refineries
Estimates by the Kepler Institute show that China purchased over 80% of Iran's exported oil in 2025, with daily imports averaging around 1.38 million barrels, equivalent to approximately 13% of China's total seaborne oil imports.
Member of the European Parliament: Trump is after Iran’s oil
Mantro stated at the European Parliament meeting with the EU's Foreign Policy Chief, Kajsa Kallas, that Trump is after Iran's oil.
Transfer of 12% of the country’s crude oil processing to the private and non-governmental sector
The investment and business manager of the National Iranian Oil Company said: With the implementation of rapid equipment projects for factory construction (skid-mounted) under the public-private partnership model, 12% of the country's crude oil processing is carried out by the private non-governmental sector.
Breaking News
Iran’s oil market has not been affected
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."
The complaint file of Tavanir Iran goes from Ghent, Türkiye to Switzerland
The director of Tawanir's foreign trade office said: Despite all the measures taken, including the negotiations between Tawanir and the Turkish company Ghent and diplomatic efforts from various channels, the demands for electricity exports to this country have not yet been received.
4 million fuel cards were issued in Iran last year
The manager of the smart fuel system said: Since the beginning of this year, 105,000 applications for receiving fuel cards have been registered, and all these statistics are in the production process.
The naphtha feed of Iran’s petrochemicals was spent on gasoline
The secretary of the Iranian Petrochemical Employers Association said: Many industries are complaining about why the propylene market is so chaotic; The problem is that due to the lack of naphtha, the production and supply of propylene and polypropylene has decreased.
Cooperation between Iran and Sri Lanka in the huge water project
In May of this year, Iran will inaugurate the multipurpose project "Omavia" in Sri Lanka with the presence of the presidents of the two countries.
How does Iran’s military response to Israel affect the oil market?
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%.
Chinese refineries are looking for Iranian oil
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.
The time for issuing a fuel card in Iran was reduced to 10 days
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.
2% snow reserves in Iran
The spokesperson of the water industry announced that the country's snow cover is about 2%, which is mainly located in Alborz, Middle Zagros and areas of the northwest of the country.
Fluctuation in the oil market with tension in the Strait of Hormuz
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.
