Iran will raise the price of gasoline for users surpassing 110 liters (29 gallons) per month starting on Tuesday, a government spokesperson says, as it steps up efforts to tackle problems created by the war and crippling US economic sanctions.
The price for lighter users will remain unchanged, but the price beyond the 110-liter limit will be raised to 100,000 Iranian rials per liter (around 4 US cents based on the free-market rate, or some 15 cents a gallon), Fatemeh Mohajerani says in comments carried by state media.
The increase in Iran’s gasoline price, which is one of the lowest in the world, was discussed by the government and postponed amid concerns it could trigger new protests. Iran experienced widespread protests in 2019 over the same issue.
The higher fuel price is due to “current conditions,” Mohajerani says.
Other motorists can still buy up to 60 liters at 15,000 rials per liter and an additional 50 liters at 30,000 rials per liter, she adds.
In December, Iran partially raised the price of its subsidized gasoline for most users, as the OPEC member sought to control rising fuel demand.
Your next read: ToI Editors' Picks
LIMITED TIME OFFER: Join The Times of Israel Community today and you'll receive a physical book of your choice, carefully curated by our editors.
Choose between two must-reads: When We See You Again by Rachel Goldberg-Polin, a searing portrait of a mother’s grief and strength following unthinkable tragedy;
Or Out of the Sky: Heroism and Rebirth in Nazi Europe by Matti Friedman, the gripping and surprising tale of a forgotten moment during World War II.
As a Community member, you’ll also enjoy our DocuNation series of outstanding Israeli documentary films, an ad-free experience of our site and podcasts, commenting privileges, and more.
CHOOSE YOUR BOOK
CHOOSE YOUR BOOK
Already a member? Sign in to stop seeing this
You're a dedicated reader
We’re really pleased that you’ve read X Times of Israel articles in the past month.
That’s why we started the Times of Israel - to provide discerning readers like you with must-read coverage of Israel and the Jewish world.
So now we have a request. Unlike other news outlets, we haven’t put up a paywall. But as the journalism we do is costly, we invite readers for whom The Times of Israel has become important to help support our work by joining The Times of Israel Community.
For as little as $6 a month you can help support our quality journalism while enjoying The Times of Israel AD-FREE, as well as accessing exclusive content available only to Times of Israel Community members.
Thank you,
David Horovitz, Founding Editor of The Times of Israel
Join Our Community
Join Our Community
Already a member? Sign in to stop seeing this