'Continuation of War Will Prevent Oil Exports and Production,' Qalibaf Says
Iranian Parliament Speaker Mohammad Bagher Qalibaf and President Masoud Pezeshkian warned that ongoing hostilities with the United States and Israel are threatening Iran’s oil production and export capacity. Qalibaf said continued confrontations make it increasingly difficult for Iran to maintain existing production levels or sell oil internationally, highlighting potential economic and regional impacts. A member of Iran’s Parliament Energy Committee projected oil prices could reach $150–$200 per barrel amid the conflict.
The warnings followed overnight U.S.-Israeli airstrikes on five Tehran-area oil facilities, killing four people and damaging depots and a petroleum transport center. Iranian authorities reported the fires were under control, and gasoline reserves remained sufficient. Iran has retaliated with missile and drone attacks on U.S. and Israeli targets across the Middle East, while civilian casualties inside Iran have risen, with over 900 killed and roughly 6,000 wounded.
President Pezeshkian emphasized Iran does not seek conflict with neighboring countries but will respond if its territory is attacked. Meanwhile, U.S. President Donald Trump dismissed threats from Iranian official Ali Larijani, asserting that Iran’s military capabilities have been largely neutralized and that U.S. operations would continue. The escalation is affecting global energy routes and underscores the deepening regional and strategic crisis.
