Why it matters:
As sanctions continue to weigh on Iran’s energy sector, expanding production is part of Tehran’s strategy to strengthen its economic resilience and prepare for potential openings in global energy markets.
The big picture:
In a press briefing, Mohajerani outlined a series of economic approvals aimed at scaling up Iran’s energy infrastructure, both in oil and electricity, as part of the Seventh Development Plan.
What she’s saying:
Fatemeh Mohajerani: “The Supreme Economic Council yesterday approved investments to increase oil production by 250,000 barrels per day.”
“It also passed initiatives to add 7,000 megawatts to the national power grid — including solar energy projects and upgrades to existing power plants.”
“Separately, the Steering Committee for the Seventh Development Plan approved several new policy packages.”
State of play:
While Iran faces international restrictions on its energy exports, internal investments in production and infrastructure suggest a long-term strategy: that Tehran can outlast pressure and return to global markets with renewed leverage.
Go deeper:
U.S. Imposes New Sanctions on Iran Amid Calls for New Talks
Mojtaba Darabi
