Part of Iran's War-Damaged Oil Capacity to Be Restored by Year End, Oil Minister Says
16 September 2026 | last month
According to Mehr News, Oil Minister Paknejad said on Wednesday, September 16, 2026 (25 Shahrivar 1405), that reconstruction of four gas refineries and fuel storage and loading facilities in Tehran that were struck and damaged is progressing very well, and that part of the country's lost oil industry capacity will be restored by the end of the year. The comments came as global energy markets remain affected by disruptions to oil export infrastructure in the Persian Gulf region.
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