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.

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Iranians burn as much gas as China

Iranians burn as much gas as China

The CEO of the National Gas Company said: The amount of gas we deliver to the network and consume is equivalent to the amount consumed by China.
Which straits hold the key to the global oil market?

Which straits hold the key to the global oil market?

The fate of the world economy is tied to several narrow straits. These straits are the oil highways of the world through which millions of barrels of oil pass daily. From the Strait of Hormuz, the uncontested king of these vital vessels, to the Strait of Malacca, Bab al-Mandeb, the Suez Canal, and the Bosphorus, each in turn plays a key role in supplying the world with energy.
In-field well drilling project to prevent the drop in gas production in South Pars

In-field well drilling project to prevent the drop in gas production in South Pars

Maintaining the production from the joint gas field with Qatar brings multilateral benefits for the country, therefore drilling 35 infill wells in the joint field of South Pars has been on the agenda for a long time, a plan whose full implementation It will help to develop the gas industry, repair the gas imbalance, economic growth, etc.