Rial Crashes Fuel Shortages in Iran

Iran faced a severe economic crisis due to the depreciation of the rial, which reached 2.3 million rials against the US dollar. The situation worsened because of US maritime sanctions on its ports and participation in the war on Iranian soil. This was accompanied by rising prices of essential goods and a significant reduction in fuel supplies, resulting in a substantial gasoline shortage and leading drivers, taxi operators, and transport workers to protest and go on strikes nationwide. The fuel shortage also disrupted the lives of thousands of drivers and threatened the continuity of their work. Meanwhile, the Iranian regime continues to attempt repairing refinery damages and import fuel despite the sanctions, which has exacerbated the crisis and impacted the living conditions of the population, amid widespread protests from workers and different sectors.

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