Comment on Iran Cuts Portion of Gasoline Subsidies

Iran Cuts Portion of Gasoline Subsidies

(TEHRAN, Iran) — Iran has cut a portion of its gasoline subsidies, nearly doubling some prices at the pump as part of a second round of cuts delayed since 2012. Friday’s move will test public support for moderate President Hassan Rouhani in a nation battered by inflation and economic sanctions imposed over Iran’s controversial nuclear program. Subsidies have kept the cost of gasoline artificially low for consumers in OPEC-member Iran.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News