The Iranian Oil Ministry is a government body responsible for managing the country's oil and gas resources. It oversees the exploration, production, and export of petroleum products, which are vital to Iran's economy. The ministry also formulates policies related to energy and works to attract foreign investment in the oil sector. In addition to its economic role, the Iranian Oil Ministry plays a significant part in international relations, as oil exports are a key component of Iran's foreign trade. The ministry collaborates with various domestic and international companies to enhance oil production and ensure energy security for the nation.