China’s 13.6% dependence on Tehran’s oil
According to data received from tanker trackers, China imported an average of 1.38 million barrels of oil per day from Iran in the first half of 2025, equivalent to more than 13.6 percent of the country's total oil imports.
Global oil shock with closing the Strait of Hormuz; no one will be immune
A Russian official warned about the closure of the Strait of Hormuz that no one will be immune from this action.
Fear and flight of giant oil tankers from the Strait of Hormuz
Following the escalation of tensions between Iran and the United States, two super-heavy oil tankers named Coswisdom Lake and South Loyalty, each with a capacity to carry 2 million barrels of crude oil, changed their course near the Strait of Hormuz and retreated south.
Breaking News
Forecast of 133 million liters of gasoline consumption during Nowruz
The CEO of the National Petroleum Products Distribution Company predicted that, given the growing trend of gasoline consumption, the average daily gasoline consumption will reach about 133 million liters during the Nowruz holidays.
Pezeshkian’s response to Trump’s threat: There are other paths for us besides oil exports
Pezeshkian's response to Trump's threat to reduce Iran's oil exports to zero was: "They thought everything we do depends on oil."
Ariasasol Polymer Company received the Superior Corporate Governance Statue
Ariasasol was the only petrochemical company in the Iranian OTC market that managed to achieve a score of 100 in the corporate governance of OTC issuers.
Negotiation must be smart/Domestic sanctions are a reality
Emphasizing the important role of the petrochemical industry, he said: "This industry is among the most profitable industries in the country, but its full potential has not yet been utilized.”
$14 million per day: Heavy cost of gas cutoff for petrochemical exports
The Secretary General of the Iranian Petrochemical Employers' Association said: "If there is no food, some petrochemical plants will have to operate at 30% capacity by 1407. About $14 million is lost from our exports every day due to the lack of gas for petrochemical plants."
Oil Minister: Any comment I make about Crescent may be detrimental to the Islamic Republic!
Regarding the Crescent case, the Minister of Oil said: "The other party has made claims and the court is reviewing the matter. In return, Iranian lawyers and experts from the Ministry of Oil are also defending the country's rights."
Smuggling of 15 million liters of petroleum products from fuel cards!
The growth in transportation consumption in Tehran province is negative 19%, but in Chabahar, we have positive growth of 152%, which shows that card migration is happening.
Mohajerani: Good news in the oil sector will be announced in the coming days
The government spokesman said: "The Minister of Oil will have good news in the field of investment in the oil industry in the coming days."
The capacity of the petrochemical industry has now increased from 3 million tons to 96 million tons
The CEO of the National Petrochemical Industries Company declared the explosive growth of the petrochemical industry in line with preventing crude oil sales as the most important achievement of the oil industry chain, saying: "The petrochemical industry is the crystallization of the oil industry value chain."
634 million cubic meters of gas were consumed in the domestic sector
A spokesman for the National Iranian Gas Company said: Of the 875 million cubic meters of gas delivered to the national network yesterday, 72 percent was consumed in the domestic, commercial, and small industrial sectors.
