Iran’s record earnings from oil and gas amid war: Supply continues from Kharg terminal; Gulf countries’ production fell by 70%

Iran, which is fighting a war with America and Israel, has also turned the war into an opportunity. The US targeted military bases near Kharg Island, but did not directly target the oil terminal due to fear of a global oil crisis. Taking advantage of this, Iran has kept the Kharg terminal operational and has continued supplying to China through ‘Ghost Fleet’. According to the International Energy Agency and S&P Global, Iran is exporting 1.7 to 2 million barrels of oil daily, with a large portion going to China. About 90% of the country’s oil is still being exported from Kharg terminal. The attack on South Paras gas field affected exports, but the gas supply was not completely stopped. It is reported that Iran is also collecting ‘war tax’ of about Rs 16.5 crore per ship from foreign ships passing through the Strait of Hormuz. Production of Gulf countries has fallen by 70%. Due to Iran’s hold on the Strait of Hormuz and continuous attacks, the supply of Gulf countries like Saudi Arabia, Qatar, Iraq, Kuwait and UAE has been affected. The total production of these countries has fallen by 70% due to lack of safe sea routes, increasing attacks and logistics constraints. Closing of Hormuz Strait will affect the supply of these five countries… ———– Read this news also… Report – Trump wants to hold ceasefire talks with Iran: Iran’s condition – first give compensation, there will be no further attack, a guarantee is also required. Today is the 22nd day of the war between America, Israel and Iran. The Iranian Navy had safely helped an Indian ship cross the Strait of Hormuz on the night of 13 March. This ship carrying LPG was stuck in the Persian Gulf for 10 days. This news has been given by Bloomberg. Read the full news…



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