Reza Shilaei, production monitoring director at the National Iranian Oil Company, said NIOC’s focus on field development and capacity preservation since the current government took office has boosted oil and gas output. Iranian crude rose production

2026-08-31

Reza Shilaei, production monitoring director at the National Iranian Oil Company, said NIOC’s focus on field development and capacity preservation since the current government took office has boosted oil and gas output. Iranian crude rose production 3.5% in Iranian year 1404 (Mar 2025–Mar 2026) versus 1403 (Mar 2024–Mar 2025), reaching a seven-year high.