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Sizable Price Gap Fueling Outbound Diesel Smuggling

Sizable Price Gap Fueling Outbound Diesel Smuggling
Sizable Price Gap Fueling Outbound Diesel Smuggling

The main reason behind outbound diesel smuggling is the substantial gap between the fuel price in Iran and that of its neighboring nations, director of the National Iranian Oil Refining and Distribution Company said.
“Each liter of diesel can be sold 60 times higher in Iran’s neighboring states, which explains why despite the high risks, smugglers dare to engage in the illicit and dangerous fuel trafficking because they see a high and rising profit in the end,” Jalil Salari was also quoted as saying by IRNA.
For instance, a 20-liter container of diesel costs 40 cents in Iran and can be sold for $24 on the Turkish side of the joint border, he added.

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