China’s 13.6% dependence on Tehran’s oil

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.

Fear and flight of giant oil tankers from the Strait of Hormuz

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

Major repairs to Lavan Refinery’s gasoline unit begin

Major repairs to Lavan Refinery’s gasoline unit begin

The Director of the Maintenance and Repair Department of Lavan Oil Refining Company stated: "The major repairs and restoration of the catalytic conversion gasoline production unit of Lavan Oil Refining Company began with the aim of providing quality products and sustainable services, increasing equipment availability, and maintaining production capacity."
Completion of major repairs at Shazand Refinery

Completion of major repairs at Shazand Refinery

The head of Region 5 of the Shazand Oil Refinery said: "The major repairs of the Imam Khomeini (RA) Shazand Oil Refining Company were carried out using local capacities, equipment, and domestic experts."