The Executive Deputy CEO of the National Iranian Oil Refining and Distribution Company announced the launch of the Adish South and Mehr Persian Gulf refineries by the end of this year, saying: "With the launch of these refineries, the country's refining capacity will increase by 180,000 barrels per day."

The Esteghlal Club held an extraordinary ordinary general assembly and approved the club's financial statements for the year ending July 31, 2024.

The countries of the Persian Gulf are looking for the implementation of the network connection project between them to overcome the increase in electricity demand. Despite the operationalization of this plan, recently the countries of the region have faced a power cut, which questions its success and benefits.

The vice president of investment and financing of the National Development Fund announced the start of two megaprojects of desalination and transfer of sea water from the Persian Gulf with the financing of the National Development Fund.

2024 seems to be the year of challenges for the strategic straits of the world. The drought in the Panama Canal is such that only 24 ships can pass through it every day.