Iran has raised gasoline prices for the first time since 2019, introducing a new tiered pricing system in an effort to curb soaring subsidy costs and address economic pressures from a weakening currency and international sanctions. The move comes amid public wariness after the last price hike sparked deadly nationwide protests, with officials seeking to avoid further unrest by keeping increases relatively modest. Under the new system, motorists receive a monthly quota at subsidized rates, with higher prices for additional fuel, though even the highest tier remains among the lowest globally. Economists and citizens express skepticism about the effectiveness of the change, warning of potential inflation and questioning whether it will truly address the country's fiscal challenges.
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