Iranian Oil Company

The Iranian Oil Company, also known as the National Iranian Oil Company (NIOC), is Iran’s primary state-owned entity responsible for exploring, extracting, and selling the country's oil and natural gas resources. It plays a crucial role in Iran’s economy, generating significant revenue through oil exports. The company manages numerous oil fields and infrastructure, and it operates under Iran’s government authority. Due to international sanctions and geopolitical factors, its operations and export capabilities can be affected, shaping Iran’s position in global energy markets.