Plans for Large Oil Discounts Denied

TIN news: Iran's oil discount in post-sanctions era will be based on market norms, Oil Minister Bijan Namdar Zanganeh said late Sunday. Dismissing all foreign press speculations about giving "substantial discounts" to potential customers to regain the lost market share, Zanganeh added that Iran would never undersell its oil,. According to a report in Economic Times, Iran has agreed to consider Indian demands for oil price discounts and other buying incentives, as it works to rebuild market share in ...