Tag Archives: petrol

Iran is an energy superpower and the Petroleum industry in Iran plays an important part in it. In 2004 Iran produced 5.1 percent of the world’s total crude oil (3.9 million barrels (620,000 m3) per day), which generated revenues of US$25 billion to US$30 billion and was the country’s primary source of foreign currency.

Thousands of people in Tehran, Shiraz and other cities and towns across Iran took to the streets on Saturday to protest against the sharp rise in petrol prices.