Aerial view of a ship docking at an industrial port with storage tanks in North Jakarta.

Iran bets on petroleum products for sanctions-busting profits

Iran, Iran Energy / Leave a Comment /

Dalga Khatinoglu Oil, gas and Iran economic analyst Tehran is shifting its sanctions-busting strategy away from crude oil toward more lucrative and less scrutinized petroleum products to boost revenues even as restrictions tighten. Iran’s oil and petroleum product revenues jumped 16 percent to almost $66 billion in the fiscal year ending March 2025, according to

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Are Russia and Iran Losing Turkey’s Gas Market?

CA Energy, Central Asia, Iran, Iran Energy / Leave a Comment /

ByDalga Khatinoglu After Turkey signed several long-term contracts for U.S. liquid natural gas (LNG) imports, Reuters reported that Russia and Iran’s share of Turkey’s gas market is increasingly at risk – especially as Ankara’s gas purchase contracts from the Blue Stream pipeline in Russia are set to expire within months, while its 20-year gas import deal with Iran will

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Detailed view of Iranian rial banknotes held in hand, illustrating finance and economy in Iran.

Iran’s runaway inflation empties tables, pushes children out of school

Iran, Iran economy / Leave a Comment /

Dalga Khatinoglu Oil, gas and Iran economic analyst A new report by Iran’s Statistical Center (ISC) reveals a sharp acceleration in food inflation, hitting millions of families where it hurts most. According to the report, food prices in September rose by nearly two-thirds compared to the same month last year, with the cost of grains,

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