Tasnim: Iran detains foreign vessel carrying 2 million litres of smuggled fuel

Tasnim: Iran detains foreign vessel carrying 2 million litres of smuggled fuel
Tasnim: Iran detains foreign vessel carrying 2 million litres of smuggled fuel

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Nevin Al Sukari - Sana'a - Iran's oil is cheaper due to subsidies and its falling currency. — Reuters pic

DUBAI, Jan 28 — Iran has detained a foreign vessel carrying 2 million litres of smuggled fuel near its southern port city of Bushehr, Iran’s Tasnim news agency reported today.

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Iran, which has some of the world’s cheapest fuel prices due to heavy subsidies and the plunge in the value of its national currency, has been fighting rampant fuel smuggling by land to neighbouring countries and by sea to Gulf Arab states. — Reuters

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