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Iran imposes fuel rationing, increases prices

TEHRAN, Iran – Iran’s state news agency is reporting that authorities have imposed rationing and increased the prices of fuel.

IRNA’s report early Friday said every private car will have a 60-litre monthly quota at about 13 cents per litre, up from 9 cents. Taxis and ambulances have a quota of up to 500 litres at 13 cents. Beyond that, the price is 26 cents per litre.

In 2015, Iran stopped fuel rationing that had been in place since 2007.

The decision came following months of speculations about possible rationing after the U.S. in 2018 reimposed sanctions that sent Iran’s economy into free-fall following Washington withdrawal from 2015 nuclear deal between Iran and world powers.

President Hassan Rouhani said Tuesday Iran in recent months has faced its “the most difficult” time in decades.

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