Iranian authorities announced a doubling of gasoline prices

Iranian authorities have announced a doubling of prices for non-subsidized gasoline as the country's budget faces a shortage of funds. RIA Novosti writes about this with reference to a message from the Ministry of Oil of the Islamic Republic.

From Tuesday, September 8, a liter of gasoline at the third tariff will cost one hundred thousand rials (about four to five US cents, which is about four rubles). Before this, under the third tariff, the price of gasoline was 50 thousand rials per liter.

As part of the preferential tariffs, consumers can buy 60 liters of gasoline at a price of 15 thousand rials per liter, and then 50 liters at a price of 30 thousand rials per liter.

The cost of fuel in Iran is one of the lowest in the world and is subsidized by the state, but this decision is part of the social policy of the authorities, such as, for example, free medicine in the USSR. At the same time, the Iranian population reacts extremely painfully to the revision of such a basic advantage. Thus, an increase in gasoline prices in November 2019 resulted in large-scale protests throughout the country, which claimed the lives of 1.5 thousand people.