Iran to raise gasoline price for consumers exceeding 110 liters monthly
Iran will raise the gasoline price for those using over 110 liters per month, starting September 8, 2026.
Key Takeaways
AIThe Iranian government has announced it will raise gasoline prices for consumers whose monthly usage exceeds 110 liters, with the new policy taking effect from Tuesday, September 8, 2026.
Government spokesperson Fatemeh Mohajerani stated that prices for the first and second quotas, totaling 110 liters per month, will remain unchanged. However, the price for the third tier will increase to 100,000 Iranian rials per liter, equivalent to about four US cents at the current free market exchange rate.
Economic pressures and currency decline
The decision comes amid mounting economic pressure on Iran, as the Iranian rial has fallen to 2.2 million per US dollar on the black market, coinciding with ongoing US sanctions and the impact of the war, according to Reuters.
Fears of repeat of 2019 protests
The move has raised concerns about a repeat of the 2019 protests that erupted after fuel price hikes, especially as Tehran continues to face significant economic challenges.