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.

Breaking News

Why did Iran experience a harsh winter?

Why did Iran experience a harsh winter?

In the summer, given the widespread use of electric cooling devices and considering Iran's climate, it is acceptable that Iran's mostly worn-out power plants will have trouble supplying electricity. But what about the power outages in the winter?
The important impact of the 2 degrees below zero campaign on energy savings

The important impact of the 2 degrees below zero campaign on energy savings

A member of the Industries and Mines Commission of the Islamic Consultative Assembly, stating that saving campaigns play an important role in creating a culture of reducing energy consumption in the country, said: "This campaign encourages people to save energy and reduces the challenges of imbalances during the cold season."
69% of delivered gas was consumed in the domestic sector

69% of delivered gas was consumed in the domestic sector

A spokesman for the National Iranian Gas Company said: "Yesterday, 590 million cubic meters of natural gas, equivalent to 69 percent of the total gas delivered to the national network, was consumed in the domestic, commercial, and industrial sectors."