The senior assistant and adviser to the commander-in-chief said energy is not only an economic commodity but part of national power, security, and daily life, and that oil-industry employees have played an important role in securing Iran’s energy in different periods.
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The deputy oil minister and chief executive of the National Iranian Oil Refining and Distribution Company said the enemy targeted pump stations and the Rey oil depot, cutting the transfer of 90 million liters of products a day, in an attempt to shut filling stations in the capital and paralyze fuel distribution across the northern belt within 72 hours. Round-the-clock work by oil-industry staff and a chain of road tankers, he said, blocked a planned gasoline shortage and social crisis.
Italy’s industry minister said the government has asked refiners to raise fuel output and help bring prices down.
Sekhavat Asadi, head of the presiding board of the oil industry pension funds, visited the Petrochemical Special Economic Zone and toured operations at Nakhl Asmari Petrochemical and Bandar Imam Petrochemical.
At a ceremony attended by board members and senior managers of Parsian Oil and Gas Development Group, Peyman Esfahani was introduced as the new chief executive of Pardis Petrochemical.
An emergency-response drill with the scenario of a fire at oil tank No. 8 was held to assess the readiness of Iranian Offshore Oil Company operations and firefighting crews on Kharg and to raise coordination among units in the Kharg operating area.
The chief executive of the National Iranian Oil Company described what he called an uneven war against Iran’s oil infrastructure, said production has stayed stable and an eight-year oil-output record has been broken, and dismissed rumors of disruption at oil facilities.
The acting head of the South Pars Phase 11 development project said the phase’s twelfth well is ready to enter production and that the last well at location SPD11B in the first development stage has moved into test flow and output monitoring.
The United States is considering a diesel export ban to contain a sharp rise in fuel prices.
The chief executive of Shahid Tondgooyan Petrochemical, speaking at a process safety management (PSM) training course, stressed the need for effective implementation of the system to prevent industrial accidents, protect employees, and achieve safe, stable production.
The chief executive of the South Pars Gas Complex said turnaround work at six of the complex’s refineries is finished and that the plants are ready to operate with higher readiness and stable, maximum gas production in the cold months.
Tareq Shallal, deputy for refining and petrochemical industries at the Syrian Petroleum Company, said gasoline cargoes received at Banias port in Syria have begun moving overland to Iraq.
Brent crude futures fell 87 cents, or 0.82%, to $105.73 a barrel. U.S. West Texas Intermediate (WTI) futures dropped $1.56, or 1.65%, to $93.05 a barrel.
A 60% capital increase at Nouri Petrochemical, listed under the ticker Nouri, has been officially recorded at the companies registry after approval by an extraordinary general meeting and completion of the legal steps.
The manager of Refinery 7 at the South Pars Gas Complex said two important results were recorded during this year’s turnaround and that, relying on Iranian crews, replacement of the floor of one amine tank was cut from a planned 28 days to six days.
The TankerTrackers account said the United States has taken 6 million barrels of Iranian oil from tankers it seized in the Indian Ocean in April–May 2026.
Saudi Arabia has sold close to 100 million barrels of crude for October and November delivery to Asian customers after a temporary shutdown of its East-West oil pipeline forced the kingdom to move more oil through the Strait of Hormuz, the waterway off Iran.
Diesel prices in markets outside the United States have risen relative to U.S. prices on the chance that Donald Trump’s administration will ban diesel exports, adding to concern that international supply could tighten.
Brent crude futures fell 92 cents, or 0.9%, to $102.16 a barrel. U.S. West Texas Intermediate (WTI) futures eased 77 cents, or 0.8%, to $91.39.
Abadan Oil Refining Company said smoke rising from the site was caused by a disruption in the water, power, and steam system of one refinery unit.
