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%.
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.
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.
Israeli media claimed that an Israeli oil tanker was seized in the Strait of Hormuz.
The Israeli army announced: We are on high alert and have increased our readiness to protect Israel against Iran's attack. We are prepared for all scenarios and will take the necessary measures with our allies to protect Israelis.
The deputy head of the country's transport and fuel administration clarified the details of gasoline rationing.
Iranol Oil (Sharanel) has registered the highest increase in revenue among its competitors with a more than 22% increase in its monthly income compared to March 2023.
Saya announced that one of the Chinese companies will soon start the project of exploration, development and production of oil and gas in the "Oil House" area, 80% of which is located in the Khanaqin area.
Iran has only received one million and 153 thousand barrels of oil money per day, and the difference between the export statistics of the Ministry of Oil and the money received is calculated as a discount due to sanctions.
The director of exploration of the National Iranian Oil Company said: 10 points in the country have been identified and confirmed that we have shale oil resources there, and with the model we have designed, it will be possible to harvest these oil resources.