Iran trims petrol ration, first step in subsidy cut

Newswire

* Gasoline subsidy is politically sensitive * Cuts delayed for last three months * Comes amid sanctions on gasoline imports, pollution fear By Robin Pomeroy TEHRAN, Dec 18 (Reuters) - Iran has reduced the ration of heavily subsidised gasoline motorists can buy each month, an official said on Saturday, in a tentative first step towards slashing long-standing government price supports. Iranians have been expecting a big rise in the price of gasoline for the last three months as the ...

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