Iran's oil exports cannot rely on a single market like China, and Iran has made its position clear! After attending the SCO summit, Iran's Supreme Leader Khamenei stated that oil exports need to be more dynamic, emphasizing the need for various customers, of course, China remains Iran's main buyer of oil. Khamenei said that Iran needs to diversify its export markets because Tehran is facing new pressure from the West.
Our method of oil production is old, and our tools are also old; we lag behind many oil-rich regions in the world. Obviously, from Khamenei's statement, it is clear that Iran has expressed two meanings: first, Iran's oil exports should be diversified, not just exports to China. Second, Iran needs to update its equipment and increase its production capacity.
How do we view this statement by Iran? From Iran's perspective, there are indeed reasons for export diversification, as relevant data show that about 92% of Iran's oil is sold to China. If Iran can open up new markets, it will greatly increase Iran's national income. However, it must be pointed out that although Iran has this idea, strengthening cooperation with us at present may be one of the best choices for Iran.
Why is Iran so dependent on exports to China? The fundamental reason is the Iranian nuclear issue, and the United States has imposed sanctions on Iran. Under U.S. sanctions, only we can withstand the pressure and dare to buy Iran's oil. At present, the UK, Germany, and France have also imposed sanctions on Iran, making it increasingly difficult for Iranian oil to enter the European market. Therefore, under the circumstances where the Iranian nuclear issue is not resolved, if Iran wants to increase production capacity, increase exports, attract Chinese investment, and expand exports to the Chinese market, it is very important for Iran, which may be an unavoidable reality for Iran.
Original: www.toutiao.com/article/1842658860128265/
Statement: This article represents the personal views of the author.