Fuel Smuggling Out Of Iran Is Thriving

Diesel and gasoline are being smuggled out of Iran to neighboring countries where fuel prices are much higher than in the Islamic Republic, according to analysts and officials. Some 58,000 barrels per day (bpd) of domestic diesel supply is not going for local consumption, Jalil Salari, managing director of the National Iranian Oil Refining and Distribution Company (NIORDC), tells Argus.    Due to the cheap Iranian fuel, nearly 10 million liters of diesel are smuggled out of the Islamic Republic every day, Salari told the local IRNA news…