April 21, 2019 17:58

Iran: Gasoline Prices in Limbo

The discrepancy in prices in Iran (10 cents/liter) and most neighboring countries (75 cents) have made fuel smuggling a highly tempting trade in contraband

The National Iranian Oil Refining and Distribution Company has so far received no order from the Oil Ministry to raise gasoline prices or reintroduce the gasoline rationing system that ended in 2015, a spokeswoman of the company said on Saturday.
"We are not policymakers -- we just implement rules and regulations of the ministry and no official order to this end has been issued yet," Ziba Esmaeili was quoted as saying by ISNA.
Denying rumors on social media about higher fuel prices and quotas for the past few months, she noted, All the numbers, news and reports are “untrue guesstimates." She did not elaborate.

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