Iran, heavily reliant on petroleum revenues, has some of the largest reserves of oil and natural gas in the world, but it struggles with energy shortages due to poor planning, outdated infrastructure, and the impact of international sanctions. Iran possesses one of the world's most significant energy reserves, holding th
Iran, heavily reliant on petroleum revenues, has some of the largest reserves of oil and natural gas in the world, but it struggles with energy shortages due to poor planning, outdated infrastructure, and the impact of international sanctions. Iran possesses one of the world's most significant energy reserves, holding the world's Second-Largest Natural gas reserves and third-largest crude oil reserves. :- Despite this, Iran faces a chronic and worsening domestic energy crisis, characterized by winter natural gas shortages, frequent power outages in the summer, and a "dire" energy imbalance. Primary Drivers of Iran's Energy Crisis Outdated Infrastructure and Underinvestment:- Decades of underinvestment, caused by international sanctions, have left refineries, power plants, and distribution networks outdated. Many power plants are over 30 years old, resulting in low efficiency and a 13% loss of electricity during transmission. International Sanctions: - Sanc...