The Ministry of Oil announced a strategic plan to increase export rates through northern pipelines to exceed 700,000 barrels per day, following significant oil understandings signed with the Turkish side that pave the way for a long-term framework agreement. The
Minister of Oil noted that a government delegation held intensive discussions with the Iranian side to ensure the smooth movement of oil tankers through the Strait of Hormuz. The Ministry emphasized that the financial revenues generated from increased exports and
expanded investments with international companies will be allocated to developing comprehensive infrastructure in vital sectors such as health and education.
