NIOC released prices for various Iranian crude grades for the fourth month of 2025. Accordingly:

- Iran Light crude in Northwest Europe and South Africa will be priced $1.75 above North Sea Brent.

- Iran Heavy crude in these markets will trade 5 cents below Brent.

- Iran Forozan crude will be priced 5 cents above Brent.

In the Mediterranean market:

- Iran Heavy and Forozan will sell for 40 and 35 cents below Brent, respectively.

- Iran Light will be priced $1.70 above Brent.

Iran’s oil prices for Asian clients

Since the benchmark in West Asia is the Oman/Dubai average, Iran Light crude for April 2025 will be priced $3.95 above this benchmark, slightly lower than the previous month. Meanwhile:

- Iran Heavy crude will be $1.90 above the benchmark.

- Iran Forozan crude will be $2.15 above the benchmark.

NIOC’s International Affairs Department publishes Iran’s monthly crude oil prices.