The eye of the oil market to the Strait of Hormuz

The eye of the oil market to the Strait of Hormuz

The escalation of conflicts in the Middle East has increased concerns about the security of the Strait of Hormuz. Any disturbance in the flow of oil in this strait, considering its vital role in transferring 21 million barrels of oil daily to the world markets, will severely affect the prices.

Which refinery was more successful in the first 6 months of this year?

Which refinery was more successful in the first 6 months of this year?

A look at the production and sales performance of Bursa refineries in the first half of the year shows that Tabriz refinery has performed best in terms of increasing production and sales volumes. Earlier last year, Isfahan Refinery was the leader of this group, but the statistics show that Tabriz Oil Refinery has now taken over the oil fields.

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51% of Iran’s dams are empty

51% of Iran’s dams are empty

Currently, despite the 25 billion and 400 million cubic meters of water stored in the country's dams, 49% of the capacity of the reservoirs is full and 51% of this capacity is empty.
The mirage of Russian investment in Iran’s oil industry

The mirage of Russian investment in Iran’s oil industry

Russia has no intention for such cooperation because it basically does not have the necessary equipment for energy development. As a result of this situation and of course the weak domestic diplomacy, Iran has been practically pushed out of the oil and gas market.