the rise in oil prices in the next year will bring iran $ 12 billion more and people are not worried about the cost .
the national council of energy dominated last year with the aim of offering consultations to the american president in the fields of oil and energy .
the oil depot was bombed near the tehran refinery .
According to Oil Price, about 400 million barrels of oil are currently stuck in tankers under sanctions. If a major agreement is reached between Trump and Iran, this volume of oil will suddenly enter the global market and prices will collapse.
More than the story of the discovery of an underground resource, Iran's oil industry is a story of engineering's triumph over the unknown; a story of knowledge that has transformed risk into calculation, ambiguity into models, and raw materials into national wealth. From the first exploratory wells to today's smart refineries, it has been engineers who, relying on science, creativity, and audacity, have built the hidden but vital pillars of the country's largest industry.
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.
Emphasizing the successful performance of the Ministry of Oil this winter, the member of the Presidium of the Islamic Consultative Assembly announced: "Despite sanctions and recording unprecedented gas consumption, the country's gas network remained stable and safe by relying on domestic capacity and increasing production in the South Pars joint field."
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.
The Investment and Business Director of the National Iranian Oil Company said: The Upstream Oil Currency Guarantee Fund is designed as the oil industry's main measure to improve the business environment in the field of financing upstream projects and can create a significant transformation in the capital market and stock market.
The Investment and Business Director of the National Iranian Oil Company said: The Upstream Oil Currency Guarantee Fund is designed as the oil industry's main measure to improve the business environment in the field of financing upstream projects and can create a significant transformation in the capital market and stock market.