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Iran’s fuel shift: What’s really behind the sudden gasoline price hike?
December 13th, 2025 - 08:32 GMT
Osama Ali

Osama Ali

Iran's fuel shift: What’s really behind the sudden gasoline price hike?

ALBAWABA - Iran’s government announced on Saturday that it has increased gasoline prices for most drivers, introducing a new tiered system aimed at reducing soaring fuel consumption and limiting cross-border smuggling. The move marks the first major adjustment to fuel pricing in years, after Tehran repeatedly postponed hikes due to concerns that they could trigger unrest similar to the 2019 nationwide protests. Government spokesperson Fatemeh Mahajerani said on state TV ...
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Palm island in Dubai
August 29th, 2012 - 12:31 GMT

UAE growth has been underestimated

Oil refinery
August 29th, 2012 - 10:20 GMT

UAE plans $60bn investment to oil the wheels for record output

IMF
August 29th, 2012 - 08:38 GMT

Could South Sudan be the next IMF casualty?

n this photo provided by the Cyprus Press and Information office, the Noble Energy company's offshore oil and gas rig is seen some 115 miles (185 kilometers) off Cyprus' south coast.
August 29th, 2012 - 07:48 GMT

Beiruti private equity fund hints that Egyptian oil is next big thing

Jassim al-Saadoun, head of Kuwait-based Al-Shall Economic Consultantsز
August 28th, 2012 - 01:16 GMT

Kuwait oil budget spills into $42.9bn surplus

Saudi Riyals
August 28th, 2012 - 10:34 GMT

Saudi Arabia has more money to burn on imported goods

Dubai
August 28th, 2012 - 08:47 GMT

Dubai breaking new boundaries on trade

Prices of commodities continued to rise from beginning of this year.
August 28th, 2012 - 07:19 GMT

Lebanese shoppers feel government inflation figure is an under-estimate

A nuclear power plant in Iran
August 28th, 2012 - 06:08 GMT

No inspections, but Iran may let diplomats get the nuclear tour

Arab Bank
August 27th, 2012 - 12:46 GMT

After Shoman steps down, Arab Bank names his successor

The Lebanese Cabinet
August 27th, 2012 - 12:22 GMT

Lebanon cabinet set to map maritime borders

Kuwait
August 27th, 2012 - 10:06 GMT

Kuwait's cabinet is slow to fix new budget of Arab Spring pay-out promises

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