Esmaeil Hosseini said the rapid recovery of damaged petrochemical capacity following the Third Imposed War has helped restore balance to the market. He credited the round-the-clock efforts of specialists across Iran’s oil, gas and petrochemical sectors for bringing a significant share of affected facilities back online in a short period.

“The dedication and expertise of workers in these strategic industries ensured that the supply chain for essential products was not interrupted, even under difficult conditions,” Hosseini said. “Their commitment enabled a large portion of production capacity to be restored in the shortest possible time.”

According to Hosseini, about 38% of the petrochemical production capacity that had been taken offline as a result of US-Israeli attacks has already resumed operations, while efforts to restore the remaining facilities are progressing rapidly.

He noted that some petrochemical units, supporting facilities and parts of the electricity and steam infrastructure serving petrochemical complexes were damaged during the attacks. Reconstruction and recovery efforts began immediately through the formation of specialized restoration committees and the use of domestic engineering and technical capabilities.

Hosseini said the gradual increase in product offerings on the commodity exchange, combined with the return of petrochemical complexes to production, has brought stability to polymer and plastic markets. In some product categories, he added, output has exceeded domestic demand.

He emphasized that petrochemical exports remain a major source of foreign currency revenue for the country and are expected to continue as production capacity recovers. However, he said meeting the needs of domestic and downstream industries remains the top priority.

Hosseini said the recent experience demonstrated the strength of Iran’s oil, gas and petrochemical industries, highlighting their technical expertise, management capabilities and skilled workforce. He added that these strengths will support continued production, exports, domestic supply and future development of the sector.