Analyzing the possibility of judicial modification of oil contracting in conditions of sanctions

Judicial modification of oil contracting contracts during sanctions is among legal-economic concepts which is the result of recent sanctions based on suggested legal-economic concepts to modify contracts in conditions of sanctions. It seems that the reduction in oil value is an appropriate criterion. But juridical modifications of contracts in the Iranian legal system is not accepted except for special exceptional cases. The reduction of oil value, considering its nature, can be guaranteed and amended. But the significant point is to keep its former nature before analyzing its juridical modification. Thus, in Some cases, the modification of contracts is not justifiable. Nothing the absence of a comprehensive system of administrative contracts in Iran’s legislative system and non-specification of the sources for the formation of modifications in contracts, the subject of Modification oil juridical contracts during sanctions, is a controversial topic whose aspects will be discussed in this paper.