Iran’s protectionist behaviour in foreign trade to protect the domestic market created problems in the trade of many products within the scope of the PTA.

The Israel-Lebanon Maritime Border Deal has been a trigger that started the new phase of the dashing energy policies of the countries in the region.

The developments announced by Iranian Oil Minister Owji show that the energy cooperation between the two countries has entered an upward trend.

Additional supplies from alternative countries like Iran, as well as the length of time required for Russian oil replacement, will be the factor reducing uncertainty upon the oil market.