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Iranians warned that petrol prices may rise

Iranians warned that petrol prices may rise

By GhanaSummary NewsroomEgypt

A change in petrol prices or fuel rationing is certain, government spokeswoman Fatemeh Mohajerani said Saturday, according to Iranian state television.

Morteza Nikoubazl/NurPhoto/Getty Images Amid high inflation and widespread damage to infrastructure, the Iranian government has warned that heavily subsidized petrol prices may have to be raised.

If high fuel consumption continues and production and import constraints persist due to damage to facilities, “it may become necessary to adopt measures aimed at maintaining the stability of fuel supply and the country’s energy security,” said Mohammad Sadegh Azimifar, CEO of the National Iranian Oil Refining and Distribution company.

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