Iran holds some of the world’s largest oil and gas reserves, yet its energy sector faces serious structural challenges. Nearly 90% of its oil exports now go to China, and more trade is being settled outside the US dollar system. At the same time, aging infrastructure has led to massive gas flaring and domestic electricity shortages. Projects like the Jask pipeline were designed to reduce reliance on the Strait of Hormuz, but they are not operating at full capacity. Meanwhile, even with forecasts of a global oil surplus in 2026, geopolitical risk continues to influence prices. I wrote a deeper breakdown covering exports, infrastructure issues, currency shifts, and the 2026 oil outlook. Would be interested in hearing how others see Iran’s role evolving in global energy markets.
Source: TheUnofficialBOI