The Iranian oil minister detailed steps his ministry is taking to manage fuel production, storage, supply and distribution during a government economic meeting, state media reported.
Mohsen Paknejad presented the report during a Sunday meeting with President Masoud Pezeshkian, economic ministers and senior officials at the Central Bank of Iran, according to the presidency’s website. He outlined the status of sustainable fuel supplies across the country, including fuel for power plants.
Paknejad also described damage to energy transit and support infrastructure caused by US and Israeli aggression against Iran. He detailed compensatory measures to prevent disruptions in the fuel supply chain, including rerouting transit lines and increasing strategic reserves.
The meeting was part of a series of field and staff assessments by the government to manage the current situation. Pezeshkian and the economic team reviewed monetary, foreign exchange, banking, financing and liquidity indicators, along with production support and market regulation.
Economic team members gave detailed reports on actions taken over the past two months since the start of the US and Israeli attacks.
Pezeshkian received comprehensive reports on banking network performance, reserves, foreign exchange market management, financing of essential goods, payment system stability, credit support for production, foreign trade management and economic stability safeguards. He called for continued coordination among economic agencies and faster operational decision-making given the country’s special circumstances.
Summarizing the reports, Pezeshkian praised the performance of economic and service agencies in maintaining relative stability and preventing disruption to public life. He urged continued field management, rapid decision-making, cross-sector coordination and maximum use of national capacity to overcome the situation.