4 Hrs
Source:
CNN Arabic
Iran considers hike in gas prices
The article discusses the potential increase in subsidized gasoline prices in Iran due to rising inflation rates and infrastructure damage, with references to the government's intention to make changes to gasoline pricing or its rationing system. Previously, the government unilaterally raised prices by 50% in 2019, which led to widespread protests. Currently, gasoline in Iran is sold at three different price levels, with plans to raise prices for those consuming more than 160 liters per month. Officials have warned of a possible supply shortage resulting from increased consumption and declining production, emphasizing that any decisions will be announced publicly to ensure transparency and to avoid further unrest.
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