Tehran, Sept 6, 2026 (AFP) - Iran raises price of petrol as US applies economic pressure

NAMPA / AFP

2026-09-06

Iranian authorities on Sunday announced they were raising the price of petrol for heavier consumers, as the United States steps up sanctions seeking to isolate the country's economy. Iran's quota system prices petrol in three tiers -- 1,500 tomans per litre for a consumer's first 60 litres in a given month, 3,000 tomans per litre for their next 50, and 5,000 tomans per litre after that. The toman is an informal unit equivalent to 10 Iranian rials......

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Law & Politics

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