ziaulislam
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You still pay forex anyway.So would you rather Pakistan pays much more for oil with its precious forex just to collect some taxes on it, or would you rather Pakistan get dirt cheap Iranian oil which it doesn’t have to waste forex on but can’t tax? Which offers more benefits?
The 2023 price for oil for Iranians in Iran is:
“Another oil-rich country- clearly, there is a trend. Logically, the countries with the most oil reserves pay the least. The Iranians, with huge oil reserves of their own, charge $0.20 per gallon.”
Source:
Which Countries Have the Cheapest Fuel Prices?
Fuel pricing is constantly shifting around the world. The U.S. is among top 20 but what are the cheapest gas prices by country? Check out the top 10.www.ezinvoicefactoring.com
International oil prices are at around $82+. A barrel has around 42 gallons in it. The price per barrel for Iranian smuggled oil is far cheaper than international imported oil. The costs per barrel for Iranian smuggled oil alone is cheaper than the tax on imported international oil the government charges.
Smuggling money is black money
Most of it end up in Dubai
We could simply do barter trade with Iran but ..