Iran October Gasoline Imports Up 21%

“Whether or not it continues to rely on foreign imports will depend on how successfully Iran can sustain the lower subsidies in the face of hyper-inflation, in part caused by the rapid increase in prices for gasoline and other commodities,” said Mark Dubowitz, executive director of a Washington D.C -based think tank.

“This also suggests that companies without exposure to the US markets are prepared to risk US sanctions.”