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Mon · 02 Nov 2026

Iran Raises Fuel Prices for Heavy Users Amid War Sanctions Squeeze

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Iran Raises Fuel Prices for Heavy Users Amid War Sanctions Squeeze

⛽ TEHRAN — A wartime government hiking domestic fuel prices is either brave or desperate. 📌 LOOK CLOSER: Rationing by price is what regimes do when subsidies become fiscally impossible. With tanker revenue collapsing and Brent gains not reaching state coffers, Tehran is shifting the war's cost onto citizens — precisely who Rezaei was reassuring hours ago. The denial and the price hike landed the same day.

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