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Iran’s mission to make the most of oil wealth

By James Drummond
Petrol prices in Iran are some of the lowest in the world, making it difficult to unlock the country's oil wealth domestically Alamy via Reuters
Petrol prices in Iran are some of the lowest in the world, making it difficult to unlock the country's oil wealth domestically

Despite some predictable vapouring from hardliners, the Islamic regime in Tehran will mainly be heaving a sigh of relief that Israel did not attack Iran’s oil infrastructure.

The IAF avoided the main oil terminal at Kharg Island in the north of ...

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