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Wednesday, March 07, 2007

Iran rations petrol

I had read that this was likely several days ago, but now it's official:

Iran's parliament has approved the rationing of subsidised petrol, according to the Iranian news agency, Insa.

The move would help insulate the fuel-importing nation from any possible extension of international sanctions.

Iran is Opec's second largest crude oil producer but does not have enough refining capacity to meet its domestic needs.

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