Iran says it will raise petrol prices, citing that fuel subsidies have become unsustainable. Authorities warn the change is linked to shortages triggered by the US war, despite fuel being among the cheapest globally.
WHO:Iranian authorities
WHAT:Iran plans to raise petrol prices, warning that fuel subsidies have become unsustainable amid shortages linked to the US war.
WHEN:Reported Sep 7, 2026 at 4:34 AM ET
WHERE:Iran
WHY:Cause not yet established.
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