There Are Gas Lines in Iran, but No Sign yet that Its Leaders Will Bow to US Sanctions
- On Tuesday, Tehran residents faced temporary petrol station closures and long lines, which the National Iranian Oil Products Distribution Company attributed to panic buying and infrastructure damage from the war.
- Tightening United States sanctions and a naval blockade have strained Iran's economy, with Treasury Secretary Scott Bessent vowing Monday to fully sever the country from the global economy.
- Iranians struggle with record-low currency and double-digit inflation; taxi driver Mahmoud Chavoshi, 51, said he is "filling my car as much as possible since soon it will be sold at higher prices."
- Following the United Arab Emirates' decision last week to cut trade and financial transactions, analyst Sascha Bruchmann suggested Washington's pressure prompted the move.
- Iran is largely closing the Strait of Hormuz, betting global economic impacts will force United States concessions, though economist Mohammad Farzanegan warned "there are always limits to resistance and resilience.
71 Articles
71 Articles
Iran’s gas lines are growing, but there’s no sign of its leaders bowing to US pressure
Iran is facing mounting fuel shortages as the US squeezes its access to imports, stretching supplies of a commodity that previously sparked bouts of unrest in the country.
Gas lines are growing amid a fuel shortage in Iran
DUBAI, United Arab Emirates — Lines have grown outside gas stations across Tehran in recent weeks as the United States has tightened its blockade and threatened more severe sanctions, with some people waiting for two hours or more to fill…
Iran's gas lines are growing; leaders refuse to bow to US sanctions
Long lines have formed outside gas stations in Iran's capital as people rush to fill their tanks amid fuel shortages, fears of higher prices and new U.S. sanctions. On Tuesday, drivers reported waits of two hours or more. Washington is…
Fresh US sanctions spark petrol queues in Iran
TEHRAN, Aug 26 — Long queues formed at petrol stations in Tehran yesterday after the US announced fresh sanctions aimed at pressuring Iran into submission.Washington has turned to pulling economic levers six months into a war on Iran that has ground to a stalemate, with peace talks stalled and most traffic through the crucial Strait of Hormuz blocked.US Treasury Secretary Scott Bessent on Monday laid out plans for the “economic asphyxiation” of …
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