Oil Stabilization Fund (Iran)
Definition of 'Oil Stabilization Fund (Iran)'A government-controlled sovereign wealth fund managed for the government of Iran. The funds deposited with the Oil Stabilization Fund are primarily the surplus revenues from the development of Iran's oil reserves. |
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Investopedia explains 'Oil Stabilization Fund (Iran)'The fund was established in 1999 as a way to make strategic investments and stabilize funding for the Iranian government. The fund is highly secretive and little is known about its governance, holdings or investment strategy. |
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