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Economy And Environment

All articles tagged with #economy and environment

economy-and-environment18 days ago•22 min saved

Iran weighs gasoline rationing as fuel deficit widens

Iran is weighing three gasoline-rationing options to curb consumption as a daily shortfall grows beyond production (about 121 million liters) and demand (about 135 million), driven by war damage and import hurdles: cap station supplies at 121 million liters per day, impose stricter vehicle quotas with market-rate top-ups, or shift quotas to individuals (roughly 30 liters per person per month) while reserving some for public transport; no immediate subsidized-price changes have been announced, and a halted Kerman test underscores political risk. If production cannot rise, the deficit could widen to around 70 million liters per day within three years, implying costly investments and ongoing policy battles between hardliners and reformists.

via Iran International|

#economy-and-environment #energy-policy #gasoline

economy-and-environment2 months ago•20 min saved

Frozen assets spark a potential Iran–US trade thaw

A new US proposal would use frozen Iranian assets to purchase American goods, a move that could offer limited economic relief and a possible opening with Iran while avoiding direct cash transfers; analysts caution that strict oversight is needed to prevent misuse or bolstering the IRGC, and that any real change depends on ongoing negotiations, compliance, and broader diplomacy amid a shift from maximum pressure toward incentives.

via ایران اینترنشنال|

#economy-and-environment #frozen-assets #iran

economy-and-environment3 months ago•16 min saved

Iran taps Oman as trade route to skirt Hormuz blockade

Iran is using Oman’s Musandam port, particularly Khasab, as a back channel to move goods into the country after the Strait of Hormuz blockade. Cargo from the UAE is unloaded at Oman and reloaded onto Iranian vessels, with the route expanding to include other Omani ports. The workaround is far more expensive—about six times the previous UAE-to-Iran route—reflecting how the blockade is forcing trade into longer, costlier, and less predictable channels, while indicating the limits of Iran’s ability to bypass restrictions.

via ایران اینترنشنال|

#blockade #economy-and-environment #hormuz