What Changes Are Expected Under Iran's New President?

Pezeshkian and former foreign minister Mohammad Javad Zarif during an election rally in Tehran last week- Jamaran News
Pezeshkian and former foreign minister Mohammad Javad Zarif during an election rally in Tehran last week- Jamaran News
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What Changes Are Expected Under Iran's New President?

Pezeshkian and former foreign minister Mohammad Javad Zarif during an election rally in Tehran last week- Jamaran News
Pezeshkian and former foreign minister Mohammad Javad Zarif during an election rally in Tehran last week- Jamaran News

Iranians have picked reformist Masoud Pezeshkian as the Iran's next president in a election to replace Ebrahim Raisi who was killed in a helicopter crash in May.

Pezeshkian, a 69-year-old heart surgeon, won the largest number of votes in the runoff against ultraconservative Saeed Jalili, taking around 16 million votes or 54 percent of about 30 million cast.

He rode on support from the country's main reformist coalition and many Iranians who feared a continued hardline grip on power.

In campaigning, Pezeshkian called for "constructive relations" with Western countries to "get Iran out of its isolation".

He pledged to try to revive a 2015 nuclear deal with the United States and other powers, which imposed curbs on Iran's nuclear activity in return for sanctions relief.

The deal collapsed in 2018 after Washington withdrew from it.

Within Iran, he vowed to ease long-standing internet restrictions and to "fully" oppose police patrols enforcing the mandatory headscarf on women, a high-profile issue since the death in police custody in 2022 of Mahsa Amini.

The 22-year-old Iranian Kurd had been detained for an alleged breach of the dress code, and her death sparked months of deadly unrest nationwide.

Pezeshkian also pledged to involve more women and ethnic minorities such as Kurds and Baluchis in his government.

He has also promised to reduce inflation, now hovering at around 40 percent, which he says has "crushed the nation's back" in recent years.

In one debate with Jalili, Pezeshkian estimated that Iran needs $200 billion in foreign investment, which he said could only be provided by mending ties across the world.

Unlike in many countries, Iran's president is not head of state, and the ultimate authority rests with the supreme leader -- a post held by Ayatollah Ali Khamenei for 35 years.

As president, Pezeshkian will hold the second-highest ranking position and will have influence over both domestic and foreign policy.

Setting economic policy will be within his powers.

However, he will have limited power over the police, and virtually none over the army and the Islamic Revolutionary Guard Corps, the military's ideological arm, according to AFP.

The police, army and IRGC all answer directly to the supreme leader.

Pezeshkian will be tasked with implementing state policies outlined by Khamenei.

Iranians have mixed feelings towards Pezeshkian's victory, with some expressing happiness and others sceptical.

"We really needed a literate president to solve the economic problems of the people," said Abolfazl, a 40-year-old architect from Tehran who asked only his first name be used.

But Rashed, a 40-year-old barber, said Pezeshkian's win "doesn't matter", and believed the "situation will only get worse".

Maziar Khosravi, a political analyst and journalist, said the new president "did not promise an immediate resolution to problems" in Iran.

"People voted for him because they realised his approach was about interacting with the world, which was completely different from the current government," he said.

Political commentator Mossadegh Mossadeghpoor said people are cautiously "hopeful that he can make some good changes and resolve some of the country's issues", especially the economy.

Analysts say Pezeshkian will face serious challenges because conservatives still dominate state institutions.

One such institution is parliament, which was elected in March and is dominated by conservatives and ultraconservatives.

Parliament speaker Mohammad Bagher Ghalibaf, who ran in the first round of the election, backed Jalili in the runoff.

Two other ultraconservatives who dropped out a day before the first round also backed Jalili.

"Dealing with the issue of hijab or any other ideological matter is out of the hands of the president," Mossadeghpoor said, noting that this is a religious matter.

Ali Vaez of the International Crisis group says Pezeshkian will face an uphill battle to secure "social and cultural rights at home and diplomatic engagement abroad".

On the nuclear issue, Mossadeghpoor said Pezeshkian may be able to "resolve it if it is the system's will".

Diplomatic efforts to revive the 2015 deal with Washington and Europe have faltered over the years.

"No one should expect Iran's approach to foreign policy to fundamentally change," said Khosravi.



Iran Can Go up to Two Months without Oil Exports Before Cutting Output, Analysts Say

A man rides past a large billboard referring to the Strait of Hormuz in Tehran's Vanak Square on April 15, 2026. (AFP)
A man rides past a large billboard referring to the Strait of Hormuz in Tehran's Vanak Square on April 15, 2026. (AFP)
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Iran Can Go up to Two Months without Oil Exports Before Cutting Output, Analysts Say

A man rides past a large billboard referring to the Strait of Hormuz in Tehran's Vanak Square on April 15, 2026. (AFP)
A man rides past a large billboard referring to the Strait of Hormuz in Tehran's Vanak Square on April 15, 2026. (AFP)

Iran can withstand a complete halt in oil exports of up to two months before being forced to curb production, analysts said, after the US began blocking shipping in and out of the country's ports on April 13.

The blockade could prevent roughly 2 million barrels per day (bpd) of Iranian crude from reaching its main buyer China.

Any Iranian production shutdowns would add to more than 12 million bpd of supply already disrupted by the regional war, tightening markets further and ‌lifting oil ‌prices.

With its exports blocked, Iran faces having to ‌divert ⁠crude into onshore storage ⁠tanks. Once those tanks are filled, the OPEC member would be required to curb upstream output.

Consultancy FGE NextantECA estimates Iran has about 90 million barrels of available onshore crude storage capacity, out of total capacity of roughly 122 million barrels.

"Iran can sustain current production of around 3.5 million bpd for roughly two months without exports, extendable to around three months with a modest ⁠500,000 bpd production cut," FGE NextantECA said in a ‌note.

Iranian domestic refineries process about 2 million ‌bpd of oil, they added.

The relevant Iranian authorities were not immediately available for comment.

Energy ‌Aspects assumes significantly lower available onshore storage of about 30 million barrels, ‌based on data from Kayrros.

Under that scenario, Iran could maintain current export levels for about 16 days before storage capacity runs out, based on export levels of 1.8 million bpd.

"The blockade may not have a significant impact on Iranian production in ‌April, but if it continues into May then output would need to be reduced substantially," said Richard ⁠Bronze, co-founder of Energy ⁠Aspects.

He said the consultancy assumes Iran cannot utilize its full nameplate storage capacity, adding that historic data show stocks peaked at 92 million barrels in May 2020, which likely marks a realistic ceiling.

Bronze also said Iran will likely deploy available oil tankers in ports as floating storage, delaying production cuts.

The US military said more vessels were being turned back under the blockade, including the Chinese-owned tanker Rich Starry, which is under US sanctions and which was seen heading back through the Strait of Hormuz on Wednesday.

Eight Iran-linked oil tankers have been intercepted since the blockade began on Monday, the Wall Street Journal reported. A US destroyer stopped two tankers attempting to leave Iran's Chabahar port on the Gulf of Oman on Tuesday, a US official said.


World Bank Announces Water Security Plan for One Billion People

 A girl carries jerrycans on a wheelbarrow after collecting water from a well at a mosque in Deh Mazang, Kabul, Afghanistan, Thursday, April 2, 2026. (AP)
A girl carries jerrycans on a wheelbarrow after collecting water from a well at a mosque in Deh Mazang, Kabul, Afghanistan, Thursday, April 2, 2026. (AP)
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World Bank Announces Water Security Plan for One Billion People

 A girl carries jerrycans on a wheelbarrow after collecting water from a well at a mosque in Deh Mazang, Kabul, Afghanistan, Thursday, April 2, 2026. (AP)
A girl carries jerrycans on a wheelbarrow after collecting water from a well at a mosque in Deh Mazang, Kabul, Afghanistan, Thursday, April 2, 2026. (AP)

The World Bank announced a plan Wednesday that aims to improve secure water access for a billion people within the next four years.

The new "Water Forward" program aims to "expand reliable water services and strengthen systems against droughts and floods."

The Bank said its own funds and technical advice would help improve water supplies to some 400 million people by 2030, with the balance coming from partners.

Regional development banks, OPEC's development fund, and the BRICS-aligned New Development Bank are among institutions that will participate, the World Bank said.

The global lender did not specify how much capital it would commit to the initiative.

Some four billion people -- half the world's population -- face water scarcity, due in part to "unclear policies, weak regulations, and financially unsustainable utilities that have slowed progress and deterred investment," the Bank said.

The global lender said that 14 countries had already voluntarily committed to reform and strengthen their water sectors under the new program.

The focus on governance issues -- not simply physical water infrastructure -- is promising, David Michel, senior associate at the Center for Strategic and International Studies, said.

"In many countries, the water sector fails to fully deploy the funds already allocated to it."

However, the Bank's initiative "faces a long and difficult road ahead," he warned.

The issue of access to safe drinking water, in particular, has been highlighted during the war in the Middle East, with desalination plants in Iran and across the region damaged in bombardments.

Beyond conflicts and immediate drinking water needs, the World Bank said that better water security was needed to grow the global economy.

"Strong water systems are foundational to healthy economies that can attract private investment and create jobs," the Bank said.


China FM Tells Iran Beijing Supports ‘Momentum of Peace Talks’

Members of the media raise hands to ask questions as Chinese Foreign Minister Wang Yi holds a press conference on the sidelines of the National People's Congress (NPC), in Beijing, China, March 8, 2026. (Reuters)
Members of the media raise hands to ask questions as Chinese Foreign Minister Wang Yi holds a press conference on the sidelines of the National People's Congress (NPC), in Beijing, China, March 8, 2026. (Reuters)
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China FM Tells Iran Beijing Supports ‘Momentum of Peace Talks’

Members of the media raise hands to ask questions as Chinese Foreign Minister Wang Yi holds a press conference on the sidelines of the National People's Congress (NPC), in Beijing, China, March 8, 2026. (Reuters)
Members of the media raise hands to ask questions as Chinese Foreign Minister Wang Yi holds a press conference on the sidelines of the National People's Congress (NPC), in Beijing, China, March 8, 2026. (Reuters)

China's top diplomat told his Iranian counterpart that Beijing "supports maintaining the momentum of the ceasefire and peace talks" in a phone call on Wednesday, as negotiators from Pakistan landed in Tehran to discuss a second round of US-Iran talks.

Peace talks are "in the fundamental interests of the Iranian people and are also the shared hope of regional countries and the international community," Wang Yi said, according to a Chinese foreign ministry statement.

He said China was willing to continue to play a "constructive role" towards peace in the Middle East after a first round of Iran-US talks in Islamabad at the weekend failed to reach an agreement.