Iran petrol subsidies

Iran petrol subsidies

Middle East & Africa
President Hassan Rouhani has slashed Iran's petrol subsidies in a determined effort to restore order to the country's fraught economy. The move is unlikely to be popular with Iranian citizens

Iran’s petrol subsidies slashed in effort to boost economy

Planned cut to state subsidy pushes price of petroleum up, but government hopes it will bolster economy after years of western sanctions
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