Iran raises gasoline prices for first time since deadly 2019 protests
Africanews · Just In
Africanews
Just In
Iran introduced a new pricing tier Saturday for its nationally subsidized gasoline, attempting to rein in spiraling costs for the first time since a price hike in 2019 that sparked nationwide protests and a crackdown that reportedly killed over 300 people.
Breakdown
- Iran introduces new pricing tier for subsidised gasoline
- First gasoline price hike since deadly 2019 protests 7s
- Cheap gasoline has long been seen as a birthright in Iran 18s
- Economic sanctions and currency depreciation increase costs 35s
- Government cautious to avoid unrest after recent conflict 50s