Iran will import 20,000 barrels of gasoline per day from Venezuela under a deal signed during visit to Tehran by Venezuelan President Hugo Chavez.
Iran has vast oil resources, but it lacks the refinery capacity to meet its own demand, so it must buy vast quantities of commercial-ready fuel on the open market.
Iranian state television reports that during his visit, Chavez pledged to deepen ties between the two nations and stand together against what he called the imperialist powers of the...
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