Thursday , 28 March 2024

Monthly Archives: December 2018

Iran reintroduces fuel cards to combat smuggling

Al-Monitor – Smuggling in general and fuel smuggling in particular have continuously undermined the Iranian economy for a long time. Over the past few months, after the sharp devaluation of the Iranian rial, fuel smuggling has increased and it is estimated that 10 million to 20 million liters of fuel, i.e., 12-24% of Iran’s daily consumption (especially diesel and gasoline), is smuggled out …

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