Currency price differences have increased demand for petrochemical product exports

The Secretary General of the Iranian Petrochemical Industry Employers' Association emphasized the necessity of completing the value chain in the petrochemical industry at the opening ceremony of the 19th Iran Plast Exhibition.

Shazand under the microscope: From the halt to gasoline exports to Afghanistan to the legacy of bus hires

In an interview with this media outlet, the CEO of Shazand Petrochemical Company described the company's most important recent challenge as the cessation of gasoline exports to Afghanistan, saying that as the country's standards became stricter, the export of 80-octane gasoline, which previously constituted an important part of Shazand's income, has been halted.

Polymers have replaced steel and wood in engineering industries

At the opening ceremony of the 19th Iran Plast, the CEO of the National Petrochemical Industries Company pointed out the status and importance of the petrochemical and polymer industries and said: Petrochemical products, especially polymers, play a key role in various industries and have a pervasive presence in our daily lives.

Breaking News

The Strait of Hormuz tanker fire incident is not a “security” incident

Rejecting rumors of an attack or sabotage in the recent fire incident on three oil tankers near the Strait of Hormuz, Ambrey Maritime Security Company announced that the incident was not a "security" incident and likely occurred due to a technical collision between two vessels.

Spokesperson for fuel station owners: Fuel supply in Tehran will not be interrupted

A spokesman for the fuel station owners said: "Fuel supply in Tehran will not be interrupted; the queues are due to increased traffic and road traffic."

Oil, gas, refining, distribution, and petrochemical industry employees are silent contributors to national security

Throughout contemporary Iran, workers in the oil, gas, refining and distribution, and petrochemical industries have always been at the forefront of serving the people and the country. They have been silent contributors to national security, not only by producing energy, but also by sustaining the country's economic and industrial life.

Oil in the line of fire; Asian refineries will be grounded if Iran’s exports are cut off

Experts say that if Iranian oil exports are disrupted, Chinese refineries will be forced to use alternative oil from the Middle East or Russia, which will increase freight rates, tanker insurance, reduce the Brent-Dubai price differential, and put pressure on refinery profit margins, especially in Asia.

More than 21 million barrels of oil and products pass through the Strait of Hormuz per day

According to data from the international institute Kpler, total exports of crude oil and petroleum products through the Strait of Hormuz reached more than 21 million barrels per day in May 2025.

Gas rationing in Egypt: the first consequences of Israel’s war against Iran

Following the escalation of military conflicts between the Zionist regime and Iran and the cessation of gas production from the regime's main fields, Egypt has faced a sharp decline in gas imports and has begun rationing gas in fertilizer and petrochemical plants to deal with this crisis.

Fire breaks out in two fuel storage tanks in Tehran due to Israeli attack

A fire has broken out in a storage tank for petroleum products at the Naftkan oil depot, and efforts to extinguish and contain the fire have begun. A fuel tank in southern Tehran was also hit by a projectile.

Araqchi: Attack on Assaluyeh is a blatant aggression and a very dangerous act

The Iranian Foreign Minister said in a meeting with ambassadors and representatives of foreign countries in Tehran: "The attack on Assaluyeh is a clear aggression and a very dangerous act. Dragging the conflict to the Persian Gulf is a strategic mistake and its goal is to drag the war outside of Iranian territory."

Reuters report on Israeli attack on South Pars gas field facilities

Reuters reported in an exclusive report that gas production in Phase 14 of the South Pars Joint Field - the world's largest gas field - has been partially halted following an Israeli airstrike on Iranian energy facilities.

Escalating Iran-Israel conflict turns Persian Gulf energy markets red

As reciprocal attacks between Iran and Israel escalated and vital energy facilities were targeted, a wave of concern swept through the Persian Gulf stock markets; the region's stock markets faced a significant decline.

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