IEA
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Why is the IEA questioning the reliability of Persian Gulf producers?
SHANA (Tehran) – In an interview with the newspaper, The National, on July 8, 2026, when talking about the Strait of Hormuz situation, Dr Fatih Birol, the Executive Director of the International Energy Agency (IEA), said that PersianGulf oil exporters “need to regain their reputation as reliable exporters.”
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IEA confirms rise in Iran’s crude production
SHANA (Tehran) – The International Energy Agency reported that Iran’s crude oil production rose by about 200,000 barrels in July.