r/oil • u/TadpoleLife1619 • 6d ago

News Iran's revolutionary guards seize two foreign tankers carrying smuggled diesel fuel

https://www.reuters.com/world/middle-east/irans-revolutionary-guards-seize-two-foreign-tankers-carrying-smuggled-diesel-2025-03-31/
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4

u/Glorfindel910 6d ago

Isn’t Iran the one DOING the smuggling?

2

u/veerKg_CSS_Geologist 6d ago

Yes, but these are different smugglers.

2

u/Banana-Man 1d ago

That "smuggling" is Iran just selling its own oil and product. This smuggling relates to smuggling of subsidized fuel. Iranian gasoline prices at the pump are about $0.02 per litre. Diesel prices at the pump are about $0.005 per litre. This is EURO 4, 50ppm product mind you. The smugglers use modified car tanks to load up, then collect, then load onto small ships. The ships seized are of this variety.