Oil minister Paknejad says Iran is not worried by a potential toughening of US sanctions.

OPEC data show Iran produced 3.259 million bpd of oil in October.

Iran’s government allows companies to import and sell unleaded gasoline at free prices.

Iran’s household demand for gas is up 13.3% y/y on November 12 to reach 417 mcm.

Rolling sanctions imposed on Iran for years have generated a degree of endurance and resourcefulness which enables the country to deal with any possible fallout of Donald Trump’s return to the White House.

In a first in decades, Iran’s electricity company orders scheduled power cuts in cold months.

Iran raised its gasoline output by 8 million liters per day in the past two and a half months.