$100 oil with the closure of the Strait of Hormuz

$100 oil with the closure of the Strait of Hormuz

The Strait of Hormuz is located between Iran to the north and Oman and the United Arab Emirates to the south. The waterway is about 50 kilometers wide at its entrance and exit, and about 33 kilometers at its narrowest point. Despite this limited width, the world's largest oil tankers pass through this route. This passage is the only sea link between the Persian Gulf and the Sea of ​​Oman, and is practically the main artery for oil and gas exports from the region's major producers.

National Iranian Oil Company; How was Iran’s largest energy player formed?

National Iranian Oil Company; How was Iran’s largest energy player formed?

Its name is tied to "oil," but its role goes beyond a production company; an institution that emerged from a historic decision and became the beating heart of Iran's energy. Today, the National Iranian Oil Company is not only a major player in the oil and gas industry, but also one of the pillars of the economy and national authority.

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Expanding governors’ powers in managing electricity consumption

Expanding governors’ powers in managing electricity consumption

The spokesman for the electricity industry said: "Following the order of the Honorable President of the Republic, the share of energy available to each province was announced and the implementation of consumption management plans within the determined electricity consumption ceiling was entrusted to the governors."
Approval of conditions for issuing a special gasoline import license

Approval of conditions for issuing a special gasoline import license

The head of the Center for Improving the Business Environment announced: "The conditions for issuing a license to import special gasoline were approved at the 87th meeting of the Deregulation Board, and its import work sheet was postponed to the next meeting. Also, the work sheet for licensing online gold sales platforms will be determined soon."
Time to transfer fuel quota to bank card

Time to transfer fuel quota to bank card

The CEO of the National Petroleum Products Distribution Company announced the beginning of the process of transferring fuel quotas from smart fuel cards to personal bank cards and said: "According to the 1404 budget law, this plan must be implemented by the end of July."