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Iran Unveils Gas Price Hike Amid Inflation Concerns

12/16/2025

23 5 Full Breakdown

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Story summary
  • Iran implements a three-tier subsidized gasoline pricing system, effective December 13, 2025.
  • The price tiers set 60 liters at 15,000 rials per liter, the next 100 liters at 30,000 rials, and any extra at 50,000.
  • This is the first adjustment since 2019, when a previous increase sparked protests and a crackdown.
  • The government aims to curb consumption amid high inflation and international sanctions, while observers foresee quarterly price moves and potential unrest.
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