Recent Posts

Iran Increases Petrol Ration

TEHRAN (Fars News Agency)- Iran on Saturday started to allow motorists an extra 20 liters (5.2 gallons) of petrol a month under a rationing scheme aimed at cutting back on frenzied consumption.

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Central Bank: $8bn Oil Fund in Iran

TEHRAN (Fars News Agency)- Iran has $8 billion in its Oil Stabilization Fund (OSF), which forms part of the country’s foreign reserves, the central bank’s website quoted Governor Tahmasb Mazaheri as saying.

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