Title : Iran Raises Petrol Prices By 50 Percent. Introduces Rationing
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Iran Raises Petrol Prices By 50 Percent. Introduces Rationing
Iranian drivers fill their tanks at a petrol station in the capital Tehran
RFE: Outrage In Iran Over Hike In Gas Prices As Economic Woes Worsen
Iranians are blasting their government for rationing gas and greatly increasing its price, with many concerned that the move will lead to inflation and greater hardship in a country where so many people are struggling to make ends meet.
The state-run National Iranian Oil Products Distribution Company said in an overnight announcement on November 15 that each motorist in Iran will have to pay 15,000 rials ($0.127) per liter of gas for their first 60 liters each month, an increase of more than 33 percent over the current price.
Each additional liter over 60 each month will cost 30,000 rials ($0.254) -- an increase of nearly 300 percent over prices before the announcement.
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Update #1: Petrol rationing and price hikes take Iranians by surprise (Al Jazeera)
Update #2: Iran moves on ultra-cheap petrol, starts rationing (AFP)
WNU Editor: I suspect that most Iranians are in shock with what has just happened.
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