Iran sets the price for light crude oil exports to Asia in July at a premium of $7.15 per barrel over the Oman/Dubai benchmark.

This price adjustment reflects the volatility in the current international crude oil market supply and demand relationship, and will also have a certain impact on the crude oil import costs and operating costs of related refining industries in the Asian region. As a major global crude oil exporter, Iran's crude oil pricing policy adjustments have always been a focus in the energy market. Moving forward, the trends of its crude oil pricing at different periods and in different sales regions will continue to attract the attention of relevant importers.