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iran fuel crisis looms

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Iran is moving closer to politically sensitive changes in gasoline pricing as the government struggles with a widening gap between domestic fuel production and consumption, exacerbated by the ongoing conflict with the US.

On July 25, government spokesperson Fatemeh Mohajerani said changes to fuel prices or rationing are "certain and unavoidable," although officials have yet to confirm whether the response will come through new quotas, higher prices or both.

Iran uses a tiered subsidized fuel price system with monthly quotas currently ranging from 1,500 tomans ($0.008) per liter at the lowest rung, to 5,000 tomans ($0.026) at the top. Iranian media have reported the new top rung for gasoline could jump to 10,000 tomans ($0.053) per liter, which would be nearly a 100% increase. The figure has not yet been officially confirmed.

https://amp.dw.com/en/iran-signals-gas-price-hike-as-fuel-crisis-looms/a-78160208

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For example, the basic monthly minimum wage in 2026 was set at around 16.6 million tomans, or about $87. Any hike in gas prices comes down hard on households.

Oh dear diesel for cranes will go up how will the tyrannical's cope.

I'm sure the Iranians will cope with any further hardships thrown at them as they have endured for decades already...what will be interesting to see is how 'the west' copes with the predicted worse than 1920's style depression that is coming for them.

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