Concerns over Possible Fuel Price Hike Triggered by Comments Ahead of Iran's Presidential Runoff

Reported about 1 year ago

As Iran's presidential election runoff approaches, comments by a campaign official raised concerns about a potential increase in government-set gasoline prices, reminiscent of past nationwide protests and crackdowns. While the details are still tentative, economists have long called for subsidy system reforms in Iran, which could incur significant costs to the country. The possibility of fuel price hikes has sparked anxiety among Iranians, given the history of protests and violent responses to similar measures in the past.

Source: YAHOO

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