Iran starts gasoline rationing, price hikes

16 November, 2019

Iran introduced gasoline rationing and price hikes on Friday 15th of November 2019, with an official saying that the revenue would be used for subsidies for 18 million needy families, reported the Iran oil ministry news agency.

According to the report, the price of one liter of regular gasoline jumped to Rials 15,000 from Rials 10,000, while the monthly ration for each private car has been set at 60 liters per month. Additional purchases would cost Rials 30,000 per liter.

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