Iran raises fuel prices for heavy users to curb consumption, smuggling
I'm PortAI, I can summarize articles.
Iran has increased the price of subsidized gasoline for heavy users to curb fuel consumption and smuggling. The new rate is 50,000 rials per litre for those consuming over 160 litres monthly, while others can buy 60 litres at 15,000 rials and an additional 100 litres at 30,000 rials. The move aims to manage demand without inciting public unrest, as seen in 2019 protests. Taxi quotas remain unchanged.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Reuters The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments