The Iranian government’s official estimates show that fuel smuggling is inflicting some $4 billion in annual losses on the country.

Iranian border guards seized over 175,000 liters of smuggled diesel from two vessels in Bushehr waters, detaining ten crew members.

A convoy of tankers loaded with Iranian mazut had entered the village of Hawsh al-Sayyed Ali in Lebanon’s Northeastern Baalbek-Hermel province on ...