Saudi Arabia, Bahrain, Qatar, and the United Arab Emirates carry out most of their oil exports through the Strait of Hormuz, and any tension in this region can seriously disrupt the energy exports of these countries and, as a result, global markets.
Analysts say, what is happening in the oil market today is a fire under the ashes. Although the decrease in concerns about the possibility of the Zionist regime attacking oil targets in Iran has reduced the excess risk rate these days and contributed to the drop in oil prices, it cannot last in the long term. What's more, the disruption in Iran's oil exports will make the oil market more risky.
A member of the parliament's energy commission believes that at the end of the 13th government, there was not enough gasoline storage intentionally or unintentionally, and this action caused the country to face a crisis at the beginning of the 14th government.
Referring to the reasons for the energy imbalance in the country, a member of the leadership committee of the parliament's energy commission said: "We are witnessing serious mismanagement in fuel optimization, and in this regard we are lagging behind the sixth development plan. While we should have included the diversity of consumption in the fuel basket and thinking about the future conditions. Let's avoid running out of fossil fuels.
The price of Iran's heavy oil, in line with other grades of the OPEC oil basket, decreased in September, which was the second consecutive monthly decrease.
The vice-chairman of the Energy Commission of the Islamic Council pointed to the progress of the oil industry in recent years, as well as the increase in oil production and export, and said: Sanctions have not hindered the growth and development of the oil and gas industry.
While the US Treasury announced the imposition of sanctions against dozens of entities and ships related to Iran's oil and petrochemical products industry, reports show that nothing new has happened in Iran's oil and petrochemical products export process, and the sale of oil and petrochemicals continues.
The unexpected stoppage of 31 oil wells has reduced the country's daily production by 46 thousand barrels and caused a billion dollar damage. Mismanagement in National Drilling Company is the main cause of this crisis.
Referring to the reasons for the energy imbalance in the country, a member of the leadership committee of the Parliament's Energy Commission said: We are witnessing serious mismanagement in fuel optimization, and in this regard, we are lagging behind the sixth development plan. While we should have included the variety of consumption in the fuel basket and also think about the conditions after the end of fossil fuel.
The CEO of Gachsaran Oil and Gas Company emphasized on the cooperation and empowerment of domestic companies in order to provide services to the operating companies and said: signing the contract for the supply of an electric motor and three pumps, carrying out corrective measures in two 8 and 10 inch lines and implementing 75 process amendments to improve and Production stability in oil, gas and liquefied gas facilities has been achieved in the first half of this year.
