Business News

Iran doubles petrol price for heavy users as currency touches record low

FinSiddhi

Iran has recently increased its petrol price for consumers who surpass a monthly limit of 110 litres. This price hike is intended to boost government revenue, which officials assure will be allocated to support households. Amid ongoing inflation and a declining national currency, experts caution that this rise in fuel costs could exacerbate the existing financial strain on everyday citizens.
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