Iran’s oil discount to China reaches its highest level in a year

Iran’s oil discount to China reaches its highest level in a year

As a new wave of sanctions from the United States, Britain and the European Union target sales of Russian and Iranian oil, trade sources told Reuters that discounts on Iranian oil for Chinese customers have reached their widest in more than a year, reaching as much as $10. Reduced oil import quotas for independent Chinese refiners have also added to the pressure.

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Implementation of 36 consumption management packages in the country’s electricity industry

Implementation of 36 consumption management packages in the country’s electricity industry

Referring to the design and implementation of 36 consumption management packages in the country's electricity industry, the Director General of Energy and Customer Affairs of the Electricity Industry said: "These packages have been developed and implemented with the aim of reducing electricity consumption, overcoming the summer peak load, and providing sustainable energy."