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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The country’s daily gas production reached 872 million cubic meters

The country’s daily gas production reached 872 million cubic meters

The CEO of the National Iranian Gas Company emphasized that the country's gas production record has been broken four times since the beginning of the 14th government, saying: "Currently, more than 872 million cubic meters of gas are produced and injected into the network daily."