Iran faces steep rise in petrol prices
Tehran cuts fuel subsidies as part of programme to curb spending, doubling petrol prices in economy hurt by sanctions.
Published On 25 Apr 2014
Iran has cut a portion of fuel subsidies, nearly doubling some petrol prices as part of a programme to reduce government spending.
The dramatic measure is expected to test public support for President Hassan Rouhani in a nation hurt by inflation and economic sanctions imposed over Iran’s nuclear programme.
Al Jazeera’s Caroline Malone has more.
Source: Al Jazeera