
The collapse of industry, the rise of oil; how did Iran’s economy get caught in a vicious cycle?
Nili warns that if no solutions are found, large industrial enterprises will also shrink within the next 10 years.

Blending methanol with gasoline is a better alternative than converting it
The CEO of Zagros Petrochemical Company did not consider the plan to convert methanol into gasoline to be cost-effective under current economic and technical conditions.

Declining demand for gasoline has cast doubt on the future of the methanol-to-gasoline conversion project
The CEO of Shastan Commercial Investment Company believes that the plan to convert methanol into gasoline is a risky investment in the current circumstances and given global developments.
Breaking News

The complaint file of Tavanir Iran goes from Ghent, Türkiye to Switzerland
The director of Tawanir's foreign trade office said: Despite all the measures taken, including the negotiations between Tawanir and the Turkish company Ghent and diplomatic efforts from various channels, the demands for electricity exports to this country have not yet been received.

4 million fuel cards were issued in Iran last year
The manager of the smart fuel system said: Since the beginning of this year, 105,000 applications for receiving fuel cards have been registered, and all these statistics are in the production process.

The naphtha feed of Iran’s petrochemicals was spent on gasoline
The secretary of the Iranian Petrochemical Employers Association said: Many industries are complaining about why the propylene market is so chaotic; The problem is that due to the lack of naphtha, the production and supply of propylene and polypropylene has decreased.

Cooperation between Iran and Sri Lanka in the huge water project
In May of this year, Iran will inaugurate the multipurpose project "Omavia" in Sri Lanka with the presence of the presidents of the two countries.

How does Iran’s military response to Israel affect the oil market?
An energy expert said: If the strait of Hormuz is closed, it will increase the price of oil, so that the blocking of this route, even if it is for a few days, will increase the price of oil by 30-40%.

Chinese refineries are looking for Iranian oil
Despite the recent developments in the Middle East, which raised the concern of Asian buyers about the possibility of disruption of Middle East oil supply, independent Chinese refineries continued to buy Iranian oil.

The time for issuing a fuel card in Iran was reduced to 10 days
It was decided that by the middle of May, the process of issuing the fuel card will be completed in less than 10 days and the fuel card will reach the people.

2% snow reserves in Iran
The spokesperson of the water industry announced that the country's snow cover is about 2%, which is mainly located in Alborz, Middle Zagros and areas of the northwest of the country.

Fluctuation in the oil market with tension in the Strait of Hormuz
Ali Asghar Zargar said: If Iran decides to disrupt the movement of oil ships in the Strait of Hormuz, there is no doubt that it will affect the price of oil even in the short term.

Iran will import 4 billion dollars of gasoline in 2024
Examining the second part of the 2024 budget bill shows that the government's forecast of oil sales in 2024 is one million barrels per day.