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World News Today, International News Headlines | The HinduBusinessLine

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Iran aims to restore majority of refining capability with...
By Reuters · 2026-04-12 · via World News Today, International News Headlines | The HinduBusinessLine
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CRUDEOIL   8,602.00

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GOLD   152,551.00

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SILVER   248,390.00

 -16,406.00

SENSEX   74,243.34

 -116.67

NIFTY   23,366.70

 -49.85

NIFTY   23,366.70

 -49.85

CRUDEOIL   8,602.00

 -240.00

CRUDEOIL   8,602.00

 -240.00

GOLD   152,551.00

 -3,189.00

Deputy Minister ‌of Oil ​Mohammad Sadeq Azimifar said ‌repair work had begun and that part of the Lavan refinery ‌is expected to ​resume operations within about 10 ⁠days

Updated - April 12, 2026 at 01:42 PM.

(representative image)

(representative image) | Photo Credit: REUTERS/REMO CASILLI

Iran ​expects to restore ‌most damaged refining and ​distribution ⁠facilities to 70–80% of their pre-attack ‌capacity within one to ‌two months, ‌a ⁠senior oil official ⁠said, as authorities work to ​recover from ‌a wave of strikes on energy infrastructure.

Deputy Minister ‌of Oil ​Mohammad Sadeq Azimifar told ⁠the Student News Network that ‌repair work had begun and that part of the Lavan refinery ‌is expected to ​resume operations within about 10 ⁠days, with other ⁠units coming back ‌online gradually.

Published on April 12, 2026

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