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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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Oman money
August 12th, 2012 - 09:13 GMT

Oman shores up fiscal surplus of June's 2.7% inflation

 "We are indeed using Islamic finance for our Abu Dhabi project. Details of the financing are to be released later," Burcu Geris
August 9th, 2012 - 02:49 GMT

Funds crash in for Abu Dhabi airport's billion dollar deal

Oman's government revenue shot up 35.4 per cent to RO7.369 billion, from RO5.443 billion for the same period last year.
August 9th, 2012 - 01:07 GMT

Oman's got money to burn! Gas, oil profits boost the sultanate's budget surplus

World Energy Forum
August 9th, 2012 - 12:17 GMT

Dubai has green intentions: planning 20% slash in energy consumption

MoL logo
August 9th, 2012 - 10:55 GMT

Bahrain promises labor market reforms that include workforce training

EDL
August 9th, 2012 - 09:13 GMT

EDL service providers give ground to try to break the strike

Gold
August 9th, 2012 - 08:29 GMT

Calm markets mean lower global gold prices

EDL headquarters
August 8th, 2012 - 08:32 GMT

Small print threatens jobs of workers at Beirut private electricity firms

Container ships will leave Beirut port for various regional and international ports every 36 hours
August 8th, 2012 - 12:19 GMT

Lebanon's agricultural exports need longer shipping time to bypass the traditional Syria route

Saudi Riyal
August 8th, 2012 - 10:35 GMT

Saudi stands by its growth predictions

South Sudan flag
August 8th, 2012 - 09:22 GMT

New oil deal leaves South Sudan begging for international help

Dubai city
August 7th, 2012 - 10:42 GMT

Dubai winds up lower in stocks while investors eye-up profit

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