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    Home MIDDLE EAST and NORTH AFRICA Iran

    The jump in the price of Iranian oil/per barrel crossed 116 dollars

    The Analyst by The Analyst
    May 3, 2026
    in Iran
    The jump in the price of Iranian oil/per barrel crossed 116 dollars


    According to the online economy report, quoted by Tasnim, according to the latest data published on the Oil Price website, which is related to the previous day, the price of Iranian oil has increased by more than 1% on this day.

    READ ALSO

    The realization of educational justice depends on paying serious attention to the status of teachers/ without paying attention to the livelihood and dignity of teachers, educational justice will not be realized.

    6 Arab countries must pay compensation to Iran

    Based on this, the price of a barrel of Iranian light oil for delivery in the northwestern region of Europe has reached $115.18. Iranian heavy oil and Farozan oil were traded at the prices of 113.28 and 113.53 dollars respectively in this area.

    In the Mediterranean region, the price of Iranian light oil is $114.53 and heavy oil is $112.38. The price of Farozan oil is 112.63 dollars per barrel.

    The highest price of Iranian oil is related to the port of Sidi Karir in Egypt, where the price of a barrel of Iranian light oil in this area is $116.43. Iran’s heavy oil in this region is $114.28 and Farzan oil is $114.53 per barrel.



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