Iran looks to domestic production for fuel

New production capacity in Iran could help meet domestic demands for aviation fuel in the wake of new sanctions, Iranian executives said in Isfahan.

British oil company BP announced last week it was halting the sale of aviation fuel for Iranian airlines in the face of unilateral economic sanctions passed in Washington in early July.

The European Union said last week that it was closing its airspace to most Iran Air flights after an audit revealed safety issues with Iran’s passenger fleet.


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