TEHRAN- The development of hybrid, dual-fuel, and electric vehicles is the government's new approach to managing fuel and energy consumption, which not only leads to consumption reforms in the gasoline sector but also brings about a fundamental transformation in the production structure of the automotive industry and a technological change in this field.
DevelopingSource: Tehran Times?
Iran signals shift to hybrid and electric vehicles in new energy management strategy
Tehran's push to reform gasoline consumption through vehicle electrification adds another layer of long-term demand uncertainty for global oil markets.
BZ=FBrent Crude (front month)