Iran’s long-standing, extremely able, and highly respected – at home and abroad – Petroleum Minister, Bijan Zanganeh, is now facing impeachment and subsequent removal from office. Nine charges form the basis of these proceedings, with the key one in focus currently being the huge rise in gasoline prices that were a catalyst for protests across the country in recent days. Zanganeh has faced impeachment before but this time may be different, as, according to highly placed Iranian sources in Tehran and London spoken to by OilPrice.com , he has put himself in direct opposition to the political and economic might of the Islamic Revolutionary Guard Corps (IRGC). That the rise in gasoline prices should be the mechanism that may bring the downfall of Zanganeh is packed with irony. It was Zanganeh who was a key shaper of Iran’s long-running ‘resistance economy’ model, the concept of generating value-added returns by […]