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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.
AI Summary
Iran has increased petrol prices, introducing a new pricing tier that applies to consumption above 110 litres per month and raises the cost to 100,000 riyal per litre, effectively doubling the price for higher users. The hike reflects the government’s effort to curb fuel consumption amid falling revenues and the financial strain of maintaining extensive subsidies.
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