Articles
Neutral, dated analysis and explainers across Iran’s markets.
Who Sets OPEC+ Oil Quotas? The Monitoring Committee and Russia's Role
How does OPEC+ actually set each member's oil quota? This lesson covers the two decision layers, the seven voluntary producers and the Joint Ministerial Monitoring Committee (JMMC), Russia's role beside Saudi Arabia, and how that differs from the separate Eurasian Economic Union.
How China's Yuan and Iran's Oil Are Tied Together
Why China's small independent refiners are the main buyers of Iran's oil, how that trade settles in yuan instead of dollars, and how China's own growth data ripples through to Tehran's currency and coin markets.
Brent, WTI, and the OPEC Basket: What They Are and Why Their Prices Differ
Learn what Brent, WTI, and the OPEC Reference Basket are, why their prices differ, and how oil's swings travel straight into Iran's state budget and currency market, with a worked example and dated real figures.
What Is the Iran Mercantile Exchange: From Physical Auctions to Deposit Certificates and Standard Parallel Forward Sales
The Iran Mercantile Exchange runs three separate markets under one name. This lesson explains how steel and cement get priced through auctions on the physical market, what a commodity deposit certificate for coin, silver, and saffron actually represents, and how a standard parallel forward sale differs from a plain forward sale and from a futures contract.
Futures and Options: How Leverage, Margin and the Margin Call Actually Work
A futures contract creates an obligation; an option creates a right. This lesson shows how that one-word difference reshapes risk: what initial margin and maintenance margin are, how daily settlement moves profit and loss every night, where leverage comes from, and the exact moment a margin call is issued. Mechanism only, with no trading advice.
