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Iran's government to raise fuel price for heavy users
Government spokeswoman Fatemeh Mohajerani said the third-tier rate will double to 10,000 tomans, while the first two quota prices stay unchanged.
- Starting Sept 8, Iran will raise gasoline prices for consumers exceeding 110 liters per month, government spokeswoman Fatemeh Mohajerani announced. The move addresses economic challenges amid war and crippling United States sanctions.
- Fuel subsidies in Iran have long made pricing changes politically sensitive. Authorities previously postponed the hike due to fears of triggering widespread protests similar to 2019 unrest.
- The quota system maintains prices for the first 60 liters and next 50 liters at 1,500 and 3,000 tomans respectively, Mohajerani noted. The third tier will double to 10,000 tomans per liter.
- On the black market, the Iranian currency traded at more than 2.2 million rials per United States dollar on Sept 6, as Tehran faces a naval blockade. The blockade aims to reduce oil exports to zero.
- Treasury Secretary Scott Bessent recently outlined plans for the "economic asphyxiation" of Iran, a strategy building on sanctions enforced since President Donald Trump withdrew from the nuclear agreement in 2018.
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The Iranian authorities have doubled the price of non-subsidized petrol, reporting to the Iranian Ministry of Oil.
Associated Press News+25 Reposted by 25 other sources
Iran increases gasoline price for its heaviest consumers as economy struggles
State media reports that Iran has introduced a higher price for its heaviest gasoline users. This is the second increase since December.
·New York, United States
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Total News Sources91
Leaning Left17Leaning Right19Center13Last UpdatedBias Distribution39% Right
Bias Distribution
- 39% of the sources lean Right
39% Right
L 35%
C 26%
R 39%
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