Iran: Fuel Prices May Rise as of March

Fuel Prices May Rise Next YearFuel Prices May Rise Next Year

The plan to resume the use of fuel cards by car owners will come into effect in August with the aim of curbing fuel smuggling that has taken a turn for the worse over the past months. 
As per a directive issued by the National Iranian Oil Products Distribution Company, car owners as of August 11 will be able to buy fuel at the pumps only if they have a fuel card, the news website Fararu reported.
Although it is said that the plan is unrelated to reviving an earlier gasoline rationing system, nor does it mean that fuel prices will increase, some experts including the economist Vahid Shaqaqi say the measure could ultimately result higher fuel prices next year (beginning March 2020).


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