Iran has said it would continue to import petrol, despite previous announcements that OPEC’s number-two oil producer would likely slash the multi-billion-dollar budget for imports and start rationing fuel. “I think the current situation will continue,” Oil Minister Kazem Vaziri-Hamaneh told state television Monday. He was responding to a question whether a new decision had been made on how to cover the shortage of petrol in the remaining months of the current Iranian year ending in March 2007. Full Story
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