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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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Private sector employees already received a salary hike as of February this year
August 22nd, 2012 - 01:00 GMT

While private sector struggles, Lebanese Cabinet set to cover million dollar public sector salary hikes

Bahrain Air achieved an increase of 67 percent in revenue during June and July
August 22nd, 2012 - 11:54 GMT

Smooth sailing for Gulf airline hit by market turbulence

There are a number of opportunities in Bahrain and, through Bahrain, to the wider GCC
August 22nd, 2012 - 11:08 GMT

Bahrain markets itself as 'Gulf gateway' for Malaysian investment

Iraq remained the fastest growing market with exports and re-exports to the country increasing from only AED 4.1 billion from January to June of 2011 to a high of AED 19.4 billion for the same period in 2012, the report said
August 22nd, 2012 - 09:54 GMT

Saudi stays on top of Dubai export market

Everyone was waiting for the summer season to reactivate the economy
August 22nd, 2012 - 07:49 GMT

Serious risks of bankruptcies in Lebanon due to escalating violence, says Commerce Chairman

Egyptian pounds
August 21st, 2012 - 12:18 GMT

Egypt expects: the promised financial aid is yet to appear

Beirut hotels are incurring more losses during a season already marked by low occupancy rates.
August 21st, 2012 - 10:57 GMT

Foreigners in Lebanon over Eid more likely to be taken hostage than seeing the tourist sites

Technical difficulties
August 21st, 2012 - 09:47 GMT

Technical hitch leaves scores of UAE workers without pay

Tunisia has achieved remarkable results in term of production of wheat.
August 21st, 2012 - 08:57 GMT

Food price hikes are coming but it's not a 'crisis', says IMF

Iraqi PM Nouri Al Maliki and Iranian president Ahmadinejad
August 21st, 2012 - 08:05 GMT

Iraq aids and abets old-time friend and foe Iran to dodge sanctions

Saudi Arabia and UAE flags
August 20th, 2012 - 10:57 GMT

Abu Dhabi get the show on the road to Saudi

Jordanian Industry and Trade Minister Shabib Ammari
August 20th, 2012 - 10:07 GMT

Desperate to attract investment, Jordan tarts up law

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