Iranians Queue for Petrol After US Announces New Sanctions
The Energy Optimisation Organisation says Iran faces a 15 million-litre daily petrol gap as sanctions and fuel disruptions force tighter rationing.
- On Tuesday, long queues formed at Tehran petrol stations as the Energy Optimisation Organisation warned of a 15 million-litre shortfall against daily demand of 135 million litres.
- Treasury Secretary Scott Bessent on Monday outlined plans for the "economic asphyxiation" of Iran; a naval blockade since July 14th has severely restricted fuel imports.
- Motorists are rushing to refuel fearing price hikes as year-on-year inflation nears 90 per cent and food inflation hits about 130 per cent, straining a subsidy system charging 15,000 to 50,000 rials per litre.
- Economy Minister Ali Madanizadeh confirmed the government intends to reduce quotas, though a final pricing decision remains pending amid memories of 2019, when price hikes sparked deadly nationwide protests.
- Economic expert Saeed Laylaz questioned the government's capacity to manage internal imbalances, while China, a key oil customer, vowed Tuesday to "take all necessary measures to firmly safeguard its own rights and interests.
12 Articles
12 Articles
Iran promises to react to the new US economic sanctions Iranians woke up on Tuesday (25) with a new fear: the impact of the sanctions announced by the United States, which promises to "suffix" the country economically. In Tehran, long lines formed in gasoline stations in the face of fear of a new price trigger. ✅ Follow the international news channel of the g1 in WhatsApp AFP images recorded long rows of cars in gasoline stations in the capital.…
U.S. Treasury Secretary Scott Bessent yesterday unveiled a new package of “secondary” sanctions that do not directly hit Iran, which has been facing international sanctions for decades. The post Iran: Queues outside gas stations in Tehran after the announcement of US sanctions appeared first on in.gr.
Al Arabiya
Iranians queue for petrol after US announces new sanctions
Long Petrol Queues In Tehran As US Tightens Economic Noose On Iran
Washington has turned to pulling economic levers six months into a war on Iran that has ground to a stalemate militarily, with peace talks stalled and most traffic through the crucial Strait of Hormuz blocked.
Iranians are worried on Tuesday about the consequences of the new sanctions decided by Washington, which swore "economically asphyxiating" Iran, where queues lengthen significantly in front of gas stations.
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