As fuel prices rise again, Iran’s government urges citizens to cut back
- New fuel pricing targets consumption above 110 litres monthly, doubling costs to 100,000 riyals per litre.
- Iran has raised petrol prices for motorists again as the government struggles to manage declining revenues and sustain a costly subsidy regime.
- The price of petrol will remain the same for the first 60 litres (16 gallons), state media reported, but there will be a higher price bracket for the next 50 litres (13 gallons).
Unverified
- New fuel pricing targets consumption above 110 litres monthly, doubling costs to 100,000 riyals per litre.
- Iran has raised petrol prices for motorists again as the government struggles to manage declining revenues and sustain a costly subsidy regime.
- The price of petrol will remain the same for the first 60 litres (16 gallons), state media reported, but there will be a higher price bracket for the next 50 litres (13 gallons).
Sources: Al Jazeera