Modern Jurisprudence and Law

Modern Jurisprudence and Law

Investigating e-commerce in the oil futures market (investigating the Iranian stock market and the international forex market)

Document Type : Original Article

Author
Tehran University - Kish International Campus University
10.22034/jml.2026.2022416.1345
Abstract
The existence of huge oil and gas reserves in Iran, and the reliance of Iran's economy on the sale of oil in the form of a single-product economy, have made oil and gas transactions particularly important for the Islamic Republic of Iran, and dealing with the methods of promotion and Improving the quality of oil and gas sales contracts and solving the challenges and shortcomings of these types of contracts will stabilize and guarantee the interests of the Islamic Republic of Iran in the short and long term. The findings of the research indicate that the international forex market in Iran is legal and legitimate, and compared to the stock market, it has many advantages for oil traders, and it is proven that transactions in this market are not gambling or usury. Also, if they use contracts for difference or CFD in their transactions, they will enjoy more privileges. Special formalities are needed to conclude future contracts in the stock market and forex market.

Keywords: e-commerce, oil futures, energy futures exchange, Iran stock market and international forex market
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Articles in Press, Accepted Manuscript
Available Online from 23 April 2026