Iran Economy NewsIran sees oil demand increasing post-Japan tsunami

Iran sees oil demand increasing post-Japan tsunami

-

Reuters: Iran’s OPEC governor said on Friday he saw demand for oil rising as Japan recovers from its March 11 earthquake and tsunami.

TEHRAN, April 15 (Reuters) – Iran’s OPEC governor said on Friday he saw demand for oil rising as Japan recovers from its March 11 earthquake and tsunami.

“There is a balance in the market,” Mohammad Ali Khatibi told Reuters on the sidelines of an oil and gas trade fair in Tehran. “Demand is likely to increase after events in Japan.”

He also said the oil price would increase if tensions in the Arab world worsened. (Reporting by Parisa Hafezi; Writing by Robin Pomeroy; editing by Keiron Henderson)

Latest news

Ebrahim Raisi’s Lies About Iran’s Economy

In a recent TV interview, Iranian regime president Ebrahim Raisi presented economic statistics rejected by experts and the media...

To Stay in Power, Iran’s Regime Liquidates National Assets

For several decades, Iranian regime supreme leader Ali Khamenei has sold Iran's resources and wealth for the survival of...

Iran’s 2023 Budget Shrouded In Doubt

On January 22, the Majlis (parliament) approved the draft of the 2023 budget bill proposed by regime president Ebrahim...

Iran: People of Khoy Still Reeling From 5.9-Magnitude Earthquake

An earthquake with a magnitude of 5.9 struck northwest Iran on Saturday, killing at least three people and injuring...

Iran’s Unsolvable Air Pollution Problem

Air pollution will remain at dangerous levels and will increase for the next few days in most big cities,...

The World Must Acknowledge the Iranian People’s Right to Self-defense

Victor Hugo once said: “When dictatorship is a fact, revolution becomes a right.” Throughout history, this has been the...

Must read

China says it will play “constructive role” on Iran

Reuters: China told U.S. Secretary of State Condoleezza Rice...

Venezuelan President Hugo Chavez arrives in Iran

Iran Focus: Tehran, Iran, Nov. 19 - Venezuelan President...

You might also likeRELATED
Recommended to you